Dive Summary:

• “We expect the regulations for new sources will make it very difficult, if not impossible, to build any new coal plants in the United States. The issue for existing plants is that there is no proven technology to capture carbon,” says CEO Lynn Good in an interview with the Charlotte Observer.
• Since becoming CEO of Duke Energy July 1, Lynn Good has overcome two state investigations, canceled a nuclear plant project and is now facing lawsuits against Duke’s North Carolina coal plants, in addition to impending coal regulations that will impact the utility’s massive coal portfolio, which makes up one-third of the electricity Duke generates.
• When asked the question of how Duke will generate electricity in the future, Good replied, “I’m not sure I know.” But she pointed to the value of maintaining a diverse set of energy sources: “That makes a lot of sense to me, because anytime we have chosen one over the other and tried to pick what’s perfect we’ve never been right.”

From the article:

“We think (solar) is a good idea, but it needs to work for all of our customers and the investments we make need to make sense to support that flexibility.”