$DUK

Duke Energy CORP (DUK) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Date: Sept. 25, 2026 Duke Energy board appoints Joyce Mullen as new member CHARLOTTE, N.C. – Duke Energy’s board of directors today announced the appointment of Joyce Mullen as a new board member, effective Sept. 28. Mullen will serve on the Audit Committee and the O

Duke Energy will receive $50 million in federal funding to upgrade its power grid in Upstate South Carolina and western North Carolina. The funds, announced by the Department of Energy, aim to increase grid capacity and reliability, benefiting customers through improved service and potentially lower costs.

GE Vernova (GEV) and Duke Energy (DUK) are positioned to benefit from rising electricity demand. GEV supplies power infrastructure tech, reporting $24.2B in orders, while DUK operates utilities, investing heavily in grid and generation. GEV's EPS is expected to rise 72.36% YoY, with a 14% long-term growth rate. DUK's EPS is projected to increase 6.5% YoY, with a 6.38% long-term growth rate. GEV trades at a higher P/S ratio (4.97X) and ROE (42.42%) compared to DUK (2.53X, 9.78%).

Duke Energy's proposal for a 255-MW gas plant in North Carolina was rejected by regulators, citing uncertainty in data center growth and consumer risk. The plant was part of Duke's plan to meet rising energy demand. The Utilities Commission rarely denies Duke's permits, but deemed this one premature.

North Carolina Utilities Commission denied Duke Energy Progress's $584M proposal for a 255MW gas-fired power plant due to concerns over data center usage and costs. The decision was 3-1, with Republican appointees voting against and a Democrat in favor.

The North Carolina Utilities Commission denied Duke Energy permission to build a new $584 million gas plant, citing concerns about timing, cost allocation to data centers, and compliance with the White House Ratepayer Protection Pledge. Duke plans to review the decision and consider next steps. The commission's decision is rare and highlights skepticism about cost implications for ratepayers.

The U.S. Department of Energy issued an emergency order to Duke Energy Carolinas, LLC to prevent blackouts in North and South Carolina due to hot weather. The order allows Duke to dispatch resources and operate backup generators as needed. Duke serves over 870,000 electric customers in South Carolina. The order is effective from September 18 to September 21, 2026.

Duke Energy (DUK) won the Edison Electric Institute’s Emergency Recovery Award for restoring service after Winter Storm Fern. The award highlights its operational resilience and grid management capabilities. Analysts forecast revenues of $37.7B and earnings of $6.4B by 2029, with a 4.8% yearly revenue growth rate. The company's involvement in a PJM market proceeding adds regulatory risk and potential earnings impact.

North Carolina regulators rejected Duke Energy's $584M gas turbine proposal, citing insufficient evidence of need and cost protection for customers. The project, near Amazon's data center, can be reapplied for with more demand, cost, and alternative options data. Duke claims large customers cover connection costs, but regulators want clarity on protections and funding.

Duke Energy seeks public input on its plans to explore nuclear reactor construction at the Belews Creek site. The Nuclear Regulatory Commission will update the status of Duke's permit application, followed by public feedback. The event follows recent approval of a nearby data center project.