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North Carolina Regulators Reject Duke Energy Gas Power Plant

The commission said the $584 million project was too costly and too uncertain to justify before Duke’s broader planning review is complete.

Summary by Oil Price
Natural gas output in the United States is expected to reach record highs in 2026 and 2027, as the country ramps up production and seeks to fill the gap created by restrictions on energy trade through the Strait of Hormuz. However, as the U.S. doubles down on its gas ambitions, a judge has ruled that a North Carolina gas power plant should not proceed. Both the supply and demand of U.S. natural gas are expected to rise to record highs this year …

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Canary Media broke the news in Asheville, United States on Monday, September 21, 2026.
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