Duke Energy Receives $61.8M Grant from U.S. DOE
Duke Energy was selected by the U.S. Department of Energy for new grant funding totaling up to $61.8M to support reliability and refurbishment projects at coal-fired power plants in Kentucky and North Carolina. This news builds on a previously announced $34M grant for Belews Creek Steam Station in North Carolina, bringing total DOE funding for Duke Energy projects at these sites to nearly $96 million. Duke Energy will now enter negotiations to finalize funding amounts. The new funding includes: Up to $33.4M for East Bend Station in Kentucky; Up to $28.4M for Roxboro Station units 2 and 3 in North Carolina.