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Dominion Energy hikes five-year capex plan

Duke Energy raises five-year capex plan on increased data center, industrial demand

Duke Energy on Thursday raised its five-year capital expenditure plan to $83 billion, a 13.7% jump, as the utility looks to boost its grid to profit from an oncoming demand from data centers and increased electrification.

T&D · 18h

Dominion, Duke Beef Up Budgets as Data Center Demand Booms

The amount of contracted capacity at Dominion from data center operators climbed 88% in the second half of 2024.

Seeking Alpha on MSN · 2d

Dominion Energy hikes five-year capex plan ahead of anticipated datacenter power demand

Dominion Energy (NYSE:D) -0.6% in Wednesday's trading after reporting mixed Q4 results and narrowing FY 2025 guidance while raising its five-year capital spending plan as it anticipates a potential surge in power demand from a rise in datacenters across the U.

Reuters on MSN · 23h

Duke Energy raises five-year capex plan to grow power supply

U.S. power demand is expected to hit record highs in 2025 and 2026 due to growing demand from new AI and cloud computing data centers and the electrification of buildings and transportation, according to the U.

Energy Central8h

Duke Energy reports fourth-quarter and full-year 2024 financial results

Duke Energy (NYSE: DUK) has posted its fourth-quarter and year-end 2024 financial results in a news release available on the ...

WXIX-TV29d

Duke Energy Convention Center renovations may be done sooner than expected

CINCINNATI (WXIX) — The long-awaited Duke Energy Convention Center project is expected to be completed a bit sooner than the original timeline. Originally scheduled for January 2026, Cincinnati ...

CSR Wire1h

Duke Energy Launches $500,000 Grant Opportunity for Organizations Supporting Western North Carolina Recovery Efforts

Duke Energy announced the launch of a new grant opportunity, offering $500,000 in funding to support organizations leading ...

22hon MSN

Duke Energy outlines $6.17-$6.42 FY 2025 EPS guidance with 7.7% annual growth through 2029

Q4 2024 Management View CEO Lynn Good announced adjusted EPS of $5.90 for 2024, aligning with the guidance range. The company provided 2025 EPS guidance of $6.17 to $6.42, with a midpoint of $6.30, ...

23h

Utilities Are ‘Full Speed’ on Data Centers

Two of the US biggest utilities said that their data center customers are proceeding “full speed ahead” even after Chinese ...

news.themarketisopen17h

Duke Energy Enters the Back Half of the Decade with Strength, Solidifies Position as Industry Leader

Duke Energy has wrapped up 2024 with a year of great accomplishment, marked by its response to historic storms such as ...

The Mount Airy News1d

City may 'evict' Duke Energy from site

There have been no reports of wild parties or property damage by the tenant occupying city-owned property on Franklin Street, ...

Inside Climate News14d

Duke Energy Promised to Limit Emissions at Four New Gas Plants. It’s Already Back-Tracking

NC’s biggest utility is among 10 companies that have written to Trump’s new EPA administrator, Lee Zeldin, asking for relief ...

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