Duke Energy Joins Terrestrial Energy’s Corporate Industrial Advisory Board

NEW YORK, NY – September 12th, 2016 – Duke Energy has joined the Corporate Industrial Advisory Board of Terrestrial Energy, a vendor of next-generation nuclear power plants. Duke Energy is the largest electric utility company in the United States, and owns and operates six nuclear power stations in North and South Carolina.  It joins other members from the electric utility industry as well as other industries on this board, including Southern Nuclear Operating Company, Ontario Power Generation, Public Service Enterprise Group and Energy Northwest – all operators of nuclear power stations in North America.  Duke Energy is represented on the board by Bill Pitesa, its Chief Nuclear Officer.

Terrestrial Energy has formed the Corporate Industrial Advisory Board to enable current and future operators of nuclear power plants to advise it on a timely basis, of design, construction and operational considerations of end users as it progresses through engineering of the first commercial IMSR® power and heat plants.

About Duke Energy

Duke Energy is the largest electric power holding company in the United States, supplying and delivering energy to approximately 7.4 million U.S. customers. Duke Energy has approximately 52,700 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida – and natural gas distribution services in Ohio and Kentucky.  Duke Energy’s commercial and international businesses own and operate diverse power generation assets in North America and Latin America, including a portfolio of renewable energy assets.  Headquartered in Charlotte, N.C., Duke Energy is a Fortune 125 company traded on the New York Stock Exchange under the symbol DUK.

Learn More About Terrestrial Energy

Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).