Duke is also trying to justify its prolonged participation in professional associations that deny climate science or hinder the use of renewable energy. The company writes that several distribution companies in California have made considerable efforts to actively move to renewable energy, with their current renewable energy portfolio in line with Duke Energy`s energy resources. Other companies, such as SPG and Xcel, have also pledged to achieve 100% decarbonization without the use of offsets, which will ultimately make better use of dirty energy without tackling the real problem. MidAmerican Energy – which supplies energy to Midwestern countries – currently consumes 9% more renewable energy than Duke would use in 30 years. In addition, Duke will be far behind many of his colleagues who are currently reaching the use of renewable energy, even at the end of its net zero trajectory. Under the scenario presented in its climate report, Duke would not reach the same amount of renewable energy within 30 years as a percentage of its fuel mix that some of its peer utilities have already reached today. In 2019, MidAmerican Energy gained 44% of its electric bouquet from the wind. Duke says it will produce only 29% of its electricity from renewable energy sources in 2040 and 36% in 2050. Three California suppliers – Pacific Gas – Electric, San Diego Gas – Electric and Southern California Edison – already purchase at least 40% of their electricity from renewable energy sources. The utility hosted a series of virtual meetings this spring with clean energy companies and supporters, customers and other stakeholders on its resource plan. But the slides of these assemblies only meet Duke`s 50% reduction target, not the state`s goal. The commitment to sound public policy that will foster technology and innovation. These include advanced renewable energy, more sustainable storage, new nuclear technologies, low-carbon, carbon-free fuels and effective means of reducing emissions.
The company will also support the approval of reforms that will allow the use of new technologies. “We are making a cleaner energy future for our customers and communities,” said Lynn Good, President, President and CEO of Duke Energy. “A diversified combination of renewable energy, nuclear power, natural gas, hydropower and energy efficiency is part of this vision and we will use cost-effective solutions to continue this progress. In the longer term, innovation and new technologies will be crucial for a net zero carbon future. Continue to exploit our existing carbon-free technologies, including nuclear and renewable energy.