Duke Energy's CEO on the Energy Transition and the War in Ukraine

The video discusses the impact of the Ukraine war on global energy markets, focusing on Duke Energy's response. It covers electricity price changes, generation mix flexibility, and cybersecurity preparedness. The long-term energy transition is explored, emphasizing renewables, nuclear energy, and storage technologies. The discussion also addresses climate change's impact on infrastructure and the need for resilient energy systems.

What is the primary focus of Duke Energy during the Ukraine crisis?

• Reducing workforce

• Investing in new coal plants

• Maintaining reliable and affordable service

• Expanding into European markets

How has the Ukraine war affected electricity prices in the US compared to Europe?

• US prices remain unchanged

• US prices have increased more than in Europe

• US prices have decreased

• US prices have seen a moderate increase

What is Duke Energy's approach to cyber risks during the Ukraine crisis?

• Outsourcing cybersecurity

• Increasing investment and monitoring

• Ignoring cyber threats

• Relying solely on government support

What long-term topic is expected to gain more attention in the US due to the Ukraine war?

• Nuclear plant closures

• Energy independence

• Reduction in renewable energy

• Increased coal usage

What is Duke Energy's target for carbon reduction by 2030?

• 25%

• 50%

• 75%

• 100%

What role does nuclear energy play in Duke Energy's strategy?

• Phasing out nuclear energy

• Maintaining and expanding nuclear energy

• Focusing only on solar energy

• Replacing nuclear with coal

What is Duke Energy's focus regarding new nuclear technologies?

• Developing small modular reactors

• Investing in coal technology

• Building large-scale reactors

• Abandoning nuclear research

What is a key challenge for renewable energy storage mentioned in the discussion?

• Lack of interest

• High cost and limited duration

• Excessive government regulation

• Abundance of storage options

How does climate change impact Duke Energy's operations?

• It has no impact

• It simplifies operations

• It increases complexity and risk

• It reduces the need for renewable energy

What is Duke Energy's strategy for maintaining affordability during the energy transition?

• Increasing prices significantly

• Balancing investments with affordability

• Reducing renewable investments

• Focusing only on fossil fuels