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Duke Energy Submits Early Site Permit Application to NRC for New Nuclear Reactors in North Carolina

LCG, December 30, 2025--Duke Energy announced today its submission of an early site permit (ESP) application to the U.S. Nuclear Regulatory Commission (NRC). The site is near the Belews Creek Steam Station in Stokes County, North Carolina. The submittal follows two years of work at the site, and the announcement states that the submittal is part of Duke Energy's strategic, on-going commitment to evaluate new nuclear generation options to reliably meet the growing electricity needs of its customers while reducing costs and risks.

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The NRC Issues Summary of 2025 Successes

LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."

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Industry News

TXU May Dip Toe in Italian Power Sector

LCG, March 12, 2001The European subsidiary of U.S. energy firm TXU Corp. said on Friday it is exploring the possibility of entering the Italian energy market this year by purchasing or forming an alliance with a small municipal utility.

Paul Marsh, finance director of TXU Europe, told a press conference "We're talking to a number of municipalities to take a stake and we hope to reach an agreement this year. It will not be a major acquisition but more of a small incremental piece to increase our presence in Europe."

The Italian power market, partially liberalized in 1999 under rules set by the European Commission, has been slow to open up on its own accord. Much of the attention has been directed to the sale by Italian energy monopoly Enel of 25 percent of its generating capacity.

"We're not interested in buying Enel's plants, we prefer to team up with small local players," Marsh said. "We want to follow the same strategy in Italy as we did in Germany through the purchase of a stake in Kiel Statdwerke (city works)."

Last year, TXU Europe purchased a 51 percent interest in the municipal utility of Kiel in northern Germany for $214 million.

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