Sideris says Duke won't proceed with new nuclear until customer and investor protections, supply chain clarity and balance sheet safeguards exist.
We're not going to go forward with anything until we have the protections for our customers and investors until we have clarity in the supply chain and the executability of these projects as well as being able to protect our balance sheet.
All statements by Harry Sideris ›
Sideris said Duke's growth focus is unchanged after the election and it can work with newly elected officials from both parties.
We have a track record of ... working with both sides of the aisle. We don't see any changes in that focus or any changes in our ability to work with those that were recently elected.
Sideris said officials share Duke's goal of protecting customers and making large loads pay their fair share.
They share our goal, too, of protecting our customers and making sure these large loads pay for their fair share.
Sideris said talks to convert the remaining large-load pipeline are going well but taking longer due to complexity.
They're going very well, but it's taking longer because of the complexities.
Sideris said natural gas will play an important near-term role in ensuring grid reliability.
Our resource plan makes clear the important role natural gas will play in the near term to ensure reliability.
Sideris defended the denied 255 MW North Carolina gas unit as a low-cost solution to generation needs.
We still feel very confident that that's a good project. It's a small project, but it is a low-cost solution to help the generation need that we have in the state to serve our customers reliably and affordably.