2022-08-17 | NYSE: DUKE | Press release

  • The company is completing new battery storage sites in Alachua and hamilton counties to maximize customer and network benefits
  • New Sites Show Duke Energy’s Growing Investment in Advanced Technology and Clean Energy

ST. PETERSBURG, Florida., August 17, 2022 /PRNewswire/ — Duke Energy Florida today announced two new lithium-ion battery sites in Alachua and hamilton counties to improve network operations, increase efficiency and improve the overall reliability of surrounding communities.

“At Duke Energy, we are always on the lookout for innovative technologies that can help us better serve Florida customers,” said Melissa Seixas, state chairman of Duke Energy in Florida. “These battery sites will help us continue to improve local reliability for our customers and provide important energy services to the power grid.”

As the manager and operator of the grid, Duke Energy Florida can leverage the versatility of battery technology to deliver multiple benefits to customers and the power system, including balancing power demand, managing intermittent resources such as than solar power, increasing energy security and postponing upgrades to the traditional power grid.

  • The recently completed micanopia battery location in Alachua County is 8.25 megawatts and is located 15 miles southwest of Gainesville. The site provides a cost-effective solution for targeted power quality and reliability for the City of micanopia and close neighbours.
  • Completed in April, the second site is 5.5 megawatts and is located 1.5 miles south of the FloridaGeorgia border in the city of Jennings in Hamilton County. This site will continue to improve power reliability through energy storage as an alternative to installing new, more expensive distribution equipment.

Duke Energy Florida’s continued investment in battery technology reflects the company’s belief that energy storage plays an important and evolving role in how energy is delivered to customers today and in the future. ‘coming.

Earlier this year, Duke Energy Florida announced the completion of three battery projects in Gilchrist, gulf and Highlands counties. The new sites are part of Duke Energy’s commitment to have six battery sites, totaling 50 megawatts, in operation in Florida This year.

Duke Energy Florida’s Commitment to Renewable Energy

With a combined investment of over $2 billionDuke Energy Florida’s solar generation portfolio will include 25 grid-connected solar power plants that will benefit everyone Florida customers and deliver 1,500 megawatts of emission-free generation and approximately 5 million in-ground solar panels by 2024.

Duke Energy remains committed to the deployment of battery technology in Florida. A 3.5 megawatt solar microgrid and storage site will be added to Pinellas CountyJohns Hopkins College. The microgrid will support grid operations and provide backup power to the school when it needs to function as a special needs hurricane evacuation shelter. The microgrid consists of an array of 1 megawatt solar parking canopies, a 2.5 megawatt battery and associated controls, which will store and deploy clean, renewable energy throughout the school and the network. The project improves electrical service and network operations for customers.

In addition to expanding its battery storage technology and solar investments, Duke Energy Florida is investing in transportation electrification to support the growing adoption of electric vehicles (EVs) in the United States with the addition of 627 charging stations EV charging stations, including 52 DC fast chargers, and a modernized system. power grid to provide diversified and reliable energy solutions to better serve our customers.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, has 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers over a 13,000 square mile service area in Florida.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, North Carolina, is one of the largest energy holding companies in the United States. Its electric utilities serve 8.2 million customers in North Carolina, Caroline from the south, Florida, Indiana, Ohio and Kentucky, and collectively possess 50,000 megawatts of power capacity. Its natural gas unit serves 1.6 million customers in North Carolina, Caroline from the south, Tennessee, Ohio and Kentucky. The company employs 28,000 people.

Duke Energy is executing an aggressive clean energy transition to meet its goals of net methane emissions from its natural gas business and at least 50% carbon reduction from power generation by 2030 and net emissions carbon emissions by 2050. Zero goals also include Scope 2 emissions and some Scope 3 emissions. zero-emission power generation such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2022 “World’s Most Admired Companies” list and Forbes’ “America’s Top Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains press releases, fact sheets, photos and videos. Duke Energy lighting features stories about people, innovations, community issues and environmental issues. Follow Duke Energy on Twitter, LinkedIn, instagram and Facebook.

Media contact: Audrey Stasko

Cell: 315.877.3031

Media Line: 800.559.3853

Twitter: @DE_AudreyS

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