Duke Eyes Data-Center Opportunities, Looks to SMR's Potential

Duke Eyes Data-Center Opportunities, Looks to SMR

November 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) wrestled with a series of destructive weather events in the third quarter, including Hurricane Helene's catastrophic sweep across the company's home state, but it remains optimistic about plans to grow its customer base and adopt newer power-generation technologies.

Industrial Info is tracking more than $16 billion worth of active and proposed projects from Duke, more than $6 billion of which is attributed to new site construction. The company has a growing presence in the data-center sector, and it is pursuing a mix of fossil-fuel and renewable power-generation projects across its service area.

Other companies featured: General Electric (NYSE:GE) and SMA Solar Technology

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