CLAIM #22025 · DUK (DUK) · 2024Q3 earnings call · Nov 7, 2024 · due Mar 31, 2025
“We will be filing the CPCN at the Cayuga plant at the beginning of next year and expect to be moving forward with the plan in the IRP as we progress into next year.”
Harry Sideris · President
In context
“next question comes from Carly Davenport from Goldman Sachs. Please go ahead. Your line is now open. John Miller: Hi, good morning, guys. This is actually John Miller on for Carly. Thanks for taking my question. Maybe to start on the Indiana IRP, can you maybe talk about what's new in that updated filing and then kind of what the total opportunity there looks like now? Harry Sideris: Yes, I'll take that one, John. We filed our IRP last week in Indiana. We've been working with stakeholders for many months on that plan. It really is transitioning our Cayuga plant to gas, adding storage and solar, really diversifying the fuel supply we have in Indiana and also working through our Gibson facility and what we're going to do there in the future. So very broad stakeholder support for our plans. We will be filing the CPCN at the Cayuga plant at the beginning of next year and expect to be moving forward with the plan in the IRP as we progress into next year. John Miller: Got it. That's helpful. And then maybe on the Carolinas IRP with the North Carolina order deferring some natural gas to next year for the next resource plan. I guess, one, when in 2025, do you expect to file that resource plan and then how should we think about the size of it? Will it be a smaller filing or could it be similar in size to the outstanding resource plan? Harry Sideris: So we're very pleased that we got the IRPs approved earlier last week and this week, both in North Carolina and South Carolina, very constructive orders. It really allows us to move forward with our near-term actions that we have in both states. We will be filing updates to those plans next year, but don't anticipate a tremendous difference in what we're planning. We're really focused on those nea”
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SEC filings for DUK ↗ · Claim quote is verbatim from the 2024Q3 earnings call.