Core Insights - Duke Energy has increased its five-year capital plan by an additional $16 billion, bringing the total to $103 billion, making it the largest spending plan among regulated U.S. utilities [1][4] - The company is currently spending over $1 billion per month to meet demand, with growth expected to accelerate in 2027 and 2028 due to new data centers connecting to the grid [2][3] - Duke Energy serves 8.7 million customers across several states and has received regulatory approval for rate increases in South Carolina, with a pending case in North Carolina [3] Capital Expenditure and Growth - The five-year capital plan has seen an 18% increase since November 2025 [4] - Duke Energy plans to add 14 GW of generation capacity and 4.5 GW of battery storage over the next five years [5][7] - The company aims to issue $10 billion in new equity by 2030 to fund its growth initiatives [7][9] Data Center and Generation Capacity - Duke Energy has signed agreements for 1.5 GW of new data center customers, totaling 4.5 GW in service agreements, with a pipeline exceeding 9 GW [4] - The company has recently completed a 100 MW battery installation, the largest in its system, and is developing 5 GW of new natural gas generation [7][8] Future Plans and Innovations - Duke Energy has filed for a site permit for a small modular nuclear reactor in Belews Creek, North Carolina, to enhance reliable power supply [8]