Duke Energy Beats on Profits and Revenue, But Is Not Raising Guidance
Duke Energy's CFO Brian Savoy joins Bloomberg Open Interest to break down a strong earnings beat and explains why the ...
Executive VP & CFO, Duke Energy
Search every verified Brian Savoy interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Brian Savoy, who became Duke Energy's executive vice president and CFO in September 2022, has described the company's plan to invest $145 billion over the next decade to transform its energy generation portfolio. Savoy stated that Duke aims to reduce natural gas over time while using it as a "bridge fuel" as the company expands renewables and nuclear power, and he expressed optimism about future nuclear development in the 2030s. He noted that incentives from the Inflation Reduction Act for regulated companies reduce costs for customers, saying that when he builds a renewable project "it's going to cost me less and cost my customers less." Savoy has discussed the challenges of balancing investments in the energy transition with customer costs amid intense regulatory oversight. He said that interest rates are a frequent topic of discussion because Duke is a large debt issuer, and that the company watches the Federal Reserve closely to identify opportunistic times to issue debt. Savoy described himself as "wired for value" and said he has the courage to make changes when needed. He also stated that utilities have "a moment to really make a mark on society" and that putting the utility sector in prominence is important.
Duke Energy's CFO Brian Savoy joins Bloomberg Open Interest to break down a strong earnings beat and explains why the ...
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode focuses on Duke Energy CFO Brian Savoy, who tells Alix Steel how the company plans to invest $145 billion over the next decade to transform its energy generation portfolio. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness
Barbara brings listeners inside a United for Infrastructure event focused on accelerating electric vehicle deployment and grid modernization in North Carolina, with commentary from North Carolina Governor Roy Cooper; Brian Savoy, Chief Strategy and Commercial Officer for Duke Energy; and Charles Lattuca, President and CEO of GoTriangle, which provides bus services in North Carolina’s Research Triangle region.
"Better the Future - A Virtual Speaker Series," where we'll have a conversation with local leaders about how to make Charlotte a better place for today's youth. This first event features Brian Savoy, Senior Vice President of Duke Energy, and focuses on becoming a champion for youth.
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