Some energy challenges and stats.
Duke Energy CEO: Net-zero emissions can’t be achieved without nuclear power
By Akiko Fujita
As one of the country’s largest energy holding companies, Duke Energy (DUK) is on a mission to slash 2005-level carbon dioxide emissions in half by 2030 on its path to decarbonize its power supply by 2050.
The timeline requires a heavy reliance on nuclear power, according to CEO Lynn Good.
Nuclear energy already accounts for nearly 40% of electricity generated by the North Carolina-based utility company, and Good said the company sees no way to reach net-zero emissions without the power source weighing heavily in its energy mix.
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“A little bit over 80% of the carbon-free generation and energy that we produce comes from nuclear,” said Good, in an interview at Yahoo Finance's All Markets Summit: The Path Forward. “I want to keep that nuclear fleet operating as long as I possibly can because I don't have an alternative of a carbon-free resource that runs 95% of the time, which is what nuclear represents today.”
The U.S. already generates more nuclear power than any other country, with 94 reactors supplying electricity roughly 20% of the overall grid. But the number of reactors have remained largely stagnant, in part because of concerns about safety and cost overruns. Just one new nuclear plant has come online in the U.S., in the last 25 years.... '
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