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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Duke Energy Corp New | NYSE:DUK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.95 | 0.96% | 100.26 | 100.34 | 99.10 | 100.15 | 4,338,463 | 01:00:00 |
From May 2023 to May 2024
By Chris Wack
Duke Energy will break ground in the near future in DeBary, Fla., on a demonstration project to successfully create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen.
The system is a collaboration between Duke Energy, Sargent and Lundy, and GE Vernova, and will be located at Duke Energy Florida's DeBary plant in Volusia County, Fla.
The end-to-end system will begin with the existing 74.5-megawatt DeBary solar plant providing clean energy for two 1-MW electrolyzer units that will separate water molecules into oxygen and hydrogen atoms.
The resulting oxygen will be released into the atmosphere, while the green hydrogen will be delivered to nearby, reinforced containers for safe storage. During times when energy demand is highest, the system will deliver the stored green hydrogen to a combustion turbine that will be upgraded using GE Vernova technology to run on a natural gas/hydrogen blend or up to 100% hydrogen.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
October 27, 2023 10:53 ET (14:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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