Duke Energy to Spend Big on T&D

May 11, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) Chief Executive Officer Lynn Good said Tuesday the company plans to spend about $36 billion through 2027 to update its transmission and distribution (T&D) system, which accounts for half of the company's five-year capital spend of $65 billion. Industrial Info is tracking more than $12 billion worth of active Duke Energy projects, including more than $4.3 billion in renewable-power projects and nearly $1 billion in T&D projects.