CHARLOTTE, N.C., Aug. 8, 2011 /PRNewswire/ -- Duke Energy (NYSE: [ DUK ]) today released a new white paper, [ Developing the Communications Platform to Enable a More Intelligent Grid ], which outlines an innovative approach for modernizing our electricity grid.

(Logo: [ http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ] )

David Masters, Duke Energy manager of technology development and white paper author, outlines his vision to provide affordable, reliable and clean energy for homes and businesses by using a digital communications network to modernize our century-old delivery system.

Masters, along with Duke Energy chief technology officer David Mohler, will hold a webinar on Wednesday, August 10, starting at 11:30 a.m. ET to discuss the research.

"A digital power grid enabled by an open communications network will allow us to meet our nation's continually growing energy needs in a sustainable way," said Masters. "What's more, this system would allow us to integrate technologies that have already proven effective in other industries in a way that is both flexible and scalable. Utilizing this technology in our grid could significantly improve energy efficiency, reliability and affordability."

To access full text of the white paper, please click [ here ].

For more information about Duke Energy's efforts in developing the modernized grid, or to schedule an interview with David Masters, please contact Paige Layne at (704) 382-4893 or [ paige.layne@duke-energy.com ].

Please use the following information to participate in the live webinar:

Phone Information
Phone: 1-866-469-3239
Meeting Number: 630 931 571
Password: Dukeenergy1

Online Information
Web address:
[ https://capstrat.webex.com/mw0306ld/mywebex/default.do?service=1&siteurl=capstrat&nomenu=true&main_url=%2Fmc0805ld%2Fe.do%3Fsiteurl%3Dcapstrat%26AT%3DMI%26EventID%3D145299367%26UID%3D480113297%26Host%3D025a2dd90a0927081f1f%26FrameSet%3D2%26PW%3DNYzM0MWQ2YmY1 ]
Meeting Number: 630 931 571
Meeting Password: Dukeenergy1

Duke Energy is one of the largest electric power holding companies in the United States. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: [ www.duke-energy.com ]. To learn more and contribute to the discussion about the energy issues of today and the possibilities of tomorrow see [ www.sheddingalight.org ].

CONTACT:
Paige Layne: 704-382-4893
24-Hour: 800-559-3853

SOURCE Duke Energy

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Duke Energy publishes white paper outlining the company's innovative approach to building a smart grid communications architecture