Utility Dive: Why capital markets are continuing to finance utilities facing rising flood and other climate change impacts
Nov 23, 2020 | News Roundup
Nov. 20 — Duke Energy multiplied the damage caused by Hurricane Michael and Florence tenfold to estimate the impact from storms over the next decade, according to its CDP filing. NRG Energy, with one of of its two headquarters in Houston, Texas, used the damage from Hurricane Harvey to benchmark the potential impact of storms on its assets.