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green tariffEnergy News Network
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79% Informative
North Carolina regulators approve Duke Energy's revised green tariff proposal.
Critics say it won’t bolster the company’s transition to zero -carbon electricity.
The tariff allows large customers to chip in extra for renewable energy projects Duke is already mandated to build.
Duke initially claimed such “additionality” was neither feasible nor necessary.
The question of “regulatory surplus” sparked a flurry of arguments and counter-arguments.
Duke says the Clean Transition Tariff would be another voluntary option for customers, not a replacement for the one just greenlighted.
The program could allow participating customers to spur new projects, such as solar-battery storage combos or small nuclear energy, that provide carbon-free electricity around the clock.
Commissioner Jeff Hughes : "It will quickly become clear whether the program is as attractive as Duke asserts".
VR Score
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