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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 Looks for End to Dabhol Troubles

LCG, July 10, 2001The governments of many nations and some of the biggest banks in the world want to see an end to the dispute over Enron Corp.'s $2.9 billion Dabhol power project in the Indian state of Maharashtra, Enron chairman Kenneth Lay told reporters today.

"I think it's in everybody's best interest -- the government of India, the government of the U.S., the investors, the government of Japan -- we have many government financial entities involved in this project," Lay said.

Yesterday, Lay met separately with Indian Finance Minister Yashwant Sinha and Power Minister Suresh Prabhu. Today, he was to meet with the chief minister of Maharashtra.

He said yesterday's meeting with Sinha did not yield a solution to the brouhaha, a contentious battle with Maharashtra and its state-run utility over payments for power. "Obviously we didn't come to any conclusion today. We didn't expect to come to any conclusion today. It will take some more work," Lay said, adding "certainly we're very hopeful."

Dabhol's total debt is around $2 billion, with Indian lenders holding about $1.4 billion of the paper. Lay said some of the biggest banks in the U.S., Europe, Canada and Japan have portions of the remaining $600 million.

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