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CLAIM #21799 · DUK (DUK) · 2023Q1 earnings call · May 9, 2023 · due Dec 31, 2024

We will update the IRP again in 2024 and continue to evaluate whether we're moving at the right pace around the energy transition.

Lynn Good · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

d customer value, and I'll just leave it there. Julien Dumoulin Smith: Excellent. And then if I could clarify earlier, just super quickly, with respect to the Indiana, obviously you've got this IRP out there, I'm just curious, a) if that could change your CapEx entry year, and b) if you have any further thoughts about what that could look like here? Lynn Good: It’s a really good question, Julien, because we have continued to update the IRP in Indiana. Our coal retirement profile remains largely the same, but we are seeing increase in renewables as a result of the IRA, and we're also seeing the impact of Mica's new planning assumptions and how we ought to be addressing that over time. So we are on the verge of CPCN filings that will include both intermittent and non-intermittent resources. We will update the IRP again in 2024 and continue to evaluate whether we're moving at the right pace around the energy transition. I would say as we get into the back part of the decade, there probably is more potential in Indiana around that transition, but we'd like to work through this process to get it started in a way that makes sense for customers in the state. So more to come on Indiana, really pleased with the progress we're making. Julien Dumoulin Smith: Excellent. Thank you guys. Talk soon. Lynn Good: Thank you. Brian Savoy: Thank you. Operator: Thank you. The next question goes to Steve Fleishman of Wolfe Research. Steve, please go head, your line is open. Steve Fleishman: Hey, good morning. Thanks Lynn. Lynn Good: Hi Steve. Steve Fleishman: So just on the North Carolina settlement agreement, is there any other parties in the case? Are they opposed to it or are they are they just not taking a position? Whe

Verify independently

SEC filings for DUK · Claim quote is verbatim from the 2023Q1 earnings call.