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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

Enron Takes India to Arbitration over Electric Bill

LCG, April 5, 2001Enron India, the subcontinent unit of U.S. Enron Corp., has issued a notice of arbitration to the Indian government to try to recover 1.02 billion rupees ($21.88 million U.S.) it says is owed by the Maharashtra State Electricity Board for electricity delivered during December.

Consistent with Indian practice, the Maharashtra State electricity Board fined Enron's Dabhol Power Co. 4 billion rupees and wants to deduct the amount it owes from the fine.

To gain payment for power sold to the MSEB in October and November, Enron first invoked a guarantee by the State of Maharashtra, which was ignored, and then the sovereign guarantee of the federal government of India. India then pressured Maharashtra into paying MSEB's bills.

This time around, the government of India has asked the MSEB and Enron to sort out the electric bill fine dispute first.

The Enron notice of arbitration means the issue heard in the Court of Arbitration in London. "This step was necessary in order to preserve our rights in the project, and to ensure that all parties honor their existing contractual obligations," the company said in a statement.

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