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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

Arizona Judge Recommends Divestiture Delay

LCG, July 24, 2002-Arizona Corporation Commission Judge Lyn Farmer issued an opinion yesterday recommending delaying the transfer of Arizona utilities' assets to unregulated affiliate companies.

Judge Farmer wrote that the divestiture of assets should wait until at least July 1, 2004. The intervening time would be spent conducting electricity market studies in order to guide the Arizona Corporation Commission in setting mitigation measures preventing negative market impact from the divestiture. Farmer advised that Pinnacle West Capital Corp.'s Arizona Public Service Company and Unisource Energy Corp.'s Tucson Electric Power be required to do such studies.

Farmer's opinion made no mention of the interim divestiture planned by Pinnacle West Energy, which would involve the sale of a few, recently constructed energy assets to Arizona Public Service Company. Three commissioners support the plan, which is meant to assuage Pinnacle West's financial concerns.

Arizona is currently shifting to a competitive energy market, but in light of recent market manipulation practices, the Commission is likely to be more cautious in moving assets out of state hands.

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