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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

Auction Plans Take Shape for Vermont Yankee

LCG, March 27, 2001Vermont Yankee Nuclear Power Corp. said yesterday it is moving forward on the planned auction of its 540 megawatt nuclear power plant in Vernon, Vt., and has retained New York investment bank J.P. Morgan Chase & Co. as financial adviser.

Vermont Yankee Nuclear Power had originally agreed to sell the facility to Amergen Energy Co. for $50 million, but when other nuclear power plants in the Northeast were sold at prices exceeding $1 billion, the Vermont Public Service Board rejected that deal and said to hold an auction.

Since then, other companies have expressed an interest in Vermont Yankee, including units of Entergy Corp., Dominion Resources Inc. and Constellation Energy Croup Inc. Amergen, a joint venture between Exelon Corp. and British Energy Plc, is still looking at the plant as well.

Vermont Yankee Nuclear Power said it expects a successful auction. "We have seen significant interest recently from potential auction bidders for the plant," chief executive Ross Barkhurst said.

Vermont Yankee generated about 80 percent of the power consumed in Vermont.

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