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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

Nuclear Unit Powers Entergy Earnings

LCG, July 31, 2001Entergy Corp., which today announced higher-than-expected earnings, said the increase was due in large part to improved results in its nuclear generation operations and energy trading business.

The company, which earlier this months told Wall Street to expect earnings of about 96 cents per share, a two-cent drop from the same period last year, reported $1.06 cents a share, on $239 million earnings for the second quarter against $224 million for the second quarter a year earlier.

Entergy is the second-largest nuclear power company in the U.S., behind Exelon Corp. The company purchased four reactors from other utilities during the past 12 months, and has indicated it is looking for more.

Entergy's earnings, a record for the 13th consecutive quarter, prove that the company is on the right track, according to Chief Executive Wayne Leonard. "We've yet to realize all the upside potential in these businesses and we will capture every available opportunity to create tangible value for our shareholders," he said.

The gain came despite a $10 million downturn in profits from the company's regulated utility business, attributed to mild weather. That dip was more than compensated for when nuclear operations posted a gain of $33 million, three times the previous year's figure.

John Wilder, chief financial officer, said "We enter the second half of the year highly confident of our opportunities for the remainder of 2001 and beyond. We are reaffirming our current guidance for 2001 at $3.00 to $3.20 per share and $3.30 to $3.50 for the year 2002."

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