Duke Energy Says DOE Selected It For $50M In Carolinas Transmission Upgrade Funding, Pending Final Negotiations

Duke Energy has been selected by the Department of Energy (DOE) for $50 million in funding aimed at upgrading transmission systems in the Carolinas. This funding is intended to enhance grid reliability and support the growing communities in the region, although it is pending final negotiations. The announcement may positively impact Duke Energy's operational capabilities and long-term growth prospects.