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Actionable news in DUK: DUKE ENERGY CORPORATION,

Duke Energy CEO Says Electric Power Is Undergoing a Transformation

The generation and delivery of electric power is going through a transformation, according to Lynn Good, CEO and President of Duke Energy (DUK - Get Report) .

Good is increasing the use of natural gas and renewables at Duke as she seeks to modernize the electric grid. The modernization process has been helped by low natural gas prices and low interest rates, enabling the company to step up its investments while continuing to deliver returns to shareholders.

"Renewables will be an increasing part of the portfolio," said Good. "We've invested to date about $4 billion. We see another $3 billion in...


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