Canes' back-up netminder Manny Legace is suffering from pink eye. Legace was pulled yesterday after experiencing vision problems and significant swelling.
Peters returns to Carolina for the third time, but has yet to make his NHL debut. He will back up Cam Ward this afternoon as Carolina takes on the Boston Bruins.
Peters ranks among the top goalies in the AHL with a 2.38 GAA and .922 SV% in 30 contests with Albany this season.
The recall of Peters leaves the River Rats with just one healthy goaltender, veteran Mike Morrison, who has spent most of this season with the Florida Everblades of the ECHL.
Netminder Mike Murphy remains sidelined with a hip injury.
The Rats' next game is scheduled for Tuesday in Bridgeport, while the Hurricanes play Wednesday against the Rangers in New York.
The Rats will need to sign a new goalie should Peters and Murphy remain unavailable.
UPDATE: Canes' coach Paul Maurice tells the Raleigh News & Observer that Peters will be reassigned to Albany in time for the Rats' next game on Tuesday night in Bridgeport.