North Carolina shares many traits of its fellow Southeastern U.S. states. Like most of them, it’s a vertically built-in market, with out aggressive era or federally regulated wholesale vitality markets. And like most of its neighbors, it’s dominated by a big investor-owned utility masking massive swaths of territory interspersed by municipal utilities and electrical cooperatives, with an enormous say in state vitality coverage.
However North Carolina additionally differs from its neighbors in some key methods. Whereas Republicans maintain a majority within the state legislature, North Carolina has a Democratic governor, who’s pushing for the state to undertake a clear vitality and decarbonization normal. It additionally has much more photo voltaic, the second-most of any state behind California. Lastly, North Carolina has Duke Vitality, its flagship utility, which has set its personal net-zero carbon by 2050 objectives, and taken some modern approaches to distributed vitality sources (DERs).