August 25, 2025 — Duke Energy is not moving forward with wind energy off North Carolina’s coast after determining proposals from three developers are more expensive than solar panels and battery storage that result in the same amount of energy.
The N.C. Utilities Commission’s carbon and resource plan finalized last fall directed Duke to ask the three companies who have North Carolina offshore wind leases how much building those wind farms would cost. If those proposals were cost-competitive, the Commission ordered, Duke should proceed with a binding request for proposals.