Clean, Affordable, and Reliable: A Plan for Duke Energy's Future in the Carolinas
Wilson, R., I. Addleton, K. Takahashi, J. Litynski. 2021. Clean, Affordable, and Reliable: A Plan for Duke Energy's Future in the Carolinas. Synapse Energy Economics for GridLab, North Carolina Sustainable Energy Association, Carolinas Clean Energy Business Alliance, Southern Alliance for Clean Energy, Natural Resources Defense Council and the Sierra Club.
GridLab commissioned Synapse to evaluate Duke Energy's 2020 Integrated Resource Plans and to present an alternative, optimized resource portfolio for the state on behalf of a coalition of environmental non-profits. Synapse used the EnCompass capacity optimization and production cost model to create an alternative resource portfolio. This alternative resource plan meets North Carolina's emissions reduction target of 70 percent below 2005 levels by 2030, relies on a portfolio of increased energy efficiency, renewables, and storage, and is the least-cost option when compared to those presented by Duke in its filings.