Duke Energy Signs Contracts for 2.7 GW of Data Center Capacity

Duke Energy signed contracts for 2.7 gigawatts of data-center capacity during the first quarter of 2026 ^[1].

This surge in contracted power reflects the intensifying energy requirements of the tech sector, particularly as artificial intelligence and cloud computing expand. The scale of these agreements indicates a significant shift in regional infrastructure planning to prevent grid instability.

The projects are tied to natural-gas plants located in Richmond and Rowan counties, North Carolina ^[2]. By leveraging these specific sites, the company intends to utilize pipeline capacity surges to ensure a steady power supply for the high-density loads required by modern data centers ^[1].

The expansion comes as utility providers across the U.S. struggle to balance rapid industrial growth with existing energy constraints. Duke Energy is focusing on critical infrastructure investments to bridge the gap between current generation capabilities and the forecasted needs of tech giants ^[1].

While the company has not detailed the specific clients involved in these contracts, the 2.7 GW figure ^[1] represents a substantial addition to the regional energy portfolio. The reliance on natural gas in Richmond and Rowan counties highlights the ongoing tension between the need for immediate, reliable baseload power, and long-term carbon reduction goals ^[2].

Infrastructure development in these North Carolina counties will likely accelerate to accommodate the new capacity. The company said the investments are necessary to support the growing demand for data-center power ^[1].