EQ Research LLC

02/13/2026

Duke Energy's recent ROE request in North Carolina is the third-highest ROE request among all recent rate cases filed across the country. Duke would earn $713 million from its NC utilities and increase ratepayer costs by $64 million above its current ROE.

This brief examines the ROE request by Duke Energy in its recent NC rate cases compared to other recent ROE requests.

08/01/2025

The results of Georgia Power's 2029-2031 All-Source RFP are out. Although battery energy storage systems (BESS) and solar were selected, all of these proposals are company-owned. The only PPAs are for natural gas resources. Of the 8 GW in resources selected by Georgia Power, here is the breakout:

Company-owned natural gas plants: 3,692 MW

Company-owned BESS: 2,763 MW

Company-owned BESS + Solar: 350 MW (BESS capacity only)

Natural gas PPAs: 1,195 MW

05/28/2025

TVA is the nation's first utility to submit a construction permit application for a small modular reactor (SMR) to the U.S. Nuclear Regulatory Commission. GE Hitachi’s BWRX-300 will be deployed at TVA's Clinch River site near Oak Ridge, TN. Preliminary SMR site preparation could begin as soon as 2026. Careful planning is required to preserve the endangered mussel population.

05/08/2025

AI training facility load is not always flat, as data center load has been in past years. Here are more . https://eq-research.com/blog/eq-research-datacenterdevelopments/

05/01/2025

NC's budget bill allows utilities to recover power plant construction costs for plants that may not even be built and removes the 2030 interim target of a 70% reduction from 2005 levels, retaining only the 2050 carbon neutrality goal.

04/24/2025

Duke Energy Indiana’s $3.24 million EV Make-Ready Credit Program is now available to customers who install L2 EV chargers. Standard max credit = $662; Low-Income max credit = $994; and homebuilder max credit = $150 per home.

04/17/2025

States are changing what counts as a clean energy resource to include things like natural gas & landfill gas (Tennessee), and nuclear (Colorado). This may be a response to utility concerns about achieving carbon goals while accommodating new load.

03/13/2025

Minnesota Power aims for 80% renewables by 2030 by adding 500 MWh of storage, acquiring 100 MW of demand response, and expanding DG and EV programs.

02/27/2025

A quarter of TVA's existing power plant fleet will retire or expire by 2035.

02/27/2025

Evergy filed a new data center tariff in Missouri and Kansas that takes a surgical approach to cost allocation through the use of riders for everything from renewables and demand response to nuclear.

02/13/2025

In Connecticut, state lawmakers proposed a bill that would direct regulatory agencies to evaluate the impact of large data centers on electric distribution system reliability.