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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

FERC to Decide on Nevada Electricity Contracts

LCG, April 10, 2002--The Federal Energy Regulatory Commission (FERC) will begin to determine whether or not Nevada utilities will be able to cancel some pricey contracts it made last year.

Today FERC will set the date for a hearing, possibly coming to some conclusion by the end of May 2003.

Nevada utilities signed some $400 million worth of long-term forward contracts in 2000 and 2001, a period when western electricity prices were very high.

In December of last year Sierra Pacific Resources Corp., of which Nevada Power is a subsidiary, requested FERC to find specific forward contracts unreasonable and therefore up for renegotiation.

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