How Is Duke Energy Using Energy Storage to Build a More Reliable Grid?
Key Takeaways DUK is expanding energy storage to enhance grid reliability and integrate more renewable power.DUK has 300 MW operating, 300 MW underway, and plans to exceed 6,000 MW of storage capacity by 2035.DUK trades at a premium to the industry, with shares up 3.4% over the past six months.Duke Energy (DUK) is increasingly leveraging energy storage technologies as a core part of its grid modernization strategy. By storing power during low-demand periods and deploying it during peak times, the company ca ...