On January 14, Duke Energy, a prominent U.S. utility company, declared the activation of a 50-megawatt battery energy storage system at the previous location of its coal-fired power plant near Lake Williston. This new system will cater to the energy needs of customers in both North Carolina and South Carolina. Duke Energy disclosed that the inaugural energy storage setup, which entailed an investment of roughly $100 million, was not only finished ahead of the projected timeline but also stayed within the allocated budget. The system has been reliably delivering power since November of the previous year and is slated to undergo its final testing phase this month.

Furthermore, the construction of the second energy storage system is set to begin in May this year, at the very spot where the plant's pollution control equipment once stood and has since been demolished. Duke Energy also highlighted that this cutting-edge energy infrastructure is poised to drive down fuel costs. Additionally, by capitalizing on a 40% federal tax credit policy, it will lead to substantial savings for consumers.