Duke Energy Deploys 50-MW Battery at Allen Coal Plant, Plans 167-MW Expansion
ByAinvest
Wednesday, Jan 14, 2026 10:21 pm ET1min read
DUK--
Duke Energy has brought a 50-MW grid battery online at its retired Allen coal plant on Lake Wylie, marking a major step in repurposing legacy fossil fuel infrastructure for grid-scale storage. The project cost approximately $100 million and will be joined by a 167-MW battery installation. Both projects qualify for federal investment tax credits, which will directly reduce costs for customers. Utility-scale battery storage is becoming a critical reliability tool as electricity demand accelerates and renewable generation expands.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet