Duke Energy 4Q25: Advances 7.5 GW of New NatGas Powergen Projects

Duke Energy, headquartered in Charlotte, N.C., is one of the largest U.S. energy holding companies, serving 8.7 million electric customers and 1.8 million gas customers across six states as of early 2026. While the company dabbles in unreliable renewables like solar and wind, its bread-and-butter, go-to source for new electric power generation is natural gas, which it gets from the Marcellus/Utica. We've reported on many of Duke's announced new gas-fired power plant projects (see our stories here). The company issued its fourth quarter 2025 update yesterday, which is a good opportunity for us to share a detailed list of the active gas-fired power projects Duke is pursuing.

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