How Duke Energy Plans to Reduce Its Use of Fossil Fuels

Duke Energy is working to reduce its carbon emissions by 50% compared to 2005 levels by 2030. And by 2050, the utilities company hopes to achieve net-zero carbon emissions.

Here’s one way it plans to help reach its goals – by testing a new solution for energy storage to lower costs and reduce carbon emissions.

What: Duke Energy will test a new flow battery technology at one of its facilities as a sustainable solution for long-duration energy storage: a fast-growing market that’s estimated to reach $13.7 billion by 2030.

How it works: Developed by Honeywell, the new flow battery technology is a sustainable solution to storing energy. Made with recyclable components, the battery works with renewable generation sources and can store and discharge electricity for up to 12 hours – exceeding the duration of lithium-ion batteries, which can only discharge up to 4 hours.