Duke Energy Corp. has signed memorandums of understanding with Amazon.com Inc., Google, Microsoft Corp. and Nucor Corp. that could spur investment into clean energy.
[ Duke Energy, Amazon strategic partnership to develop ultra-high-speed grid planning tools to aid $75 ]
The companies are proposing the development of new rate structures to lower the cost of investments in clean energy technologies in North and South Carolina. The rate structures — also known as tariffs — would apply to technologies such as new nuclear and long-duration energy storage for large customers. The new tariffs would be subject to approval from regulators in both states.