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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

CA Senate Committee Votes to Up Fines For False Gas Price Reporting

LCG, April 10, 2003The Energy Committee of the California Senate voted to increase false gas price reporting penalties by ten times.

Senator Joseph Dunn of Santa Ana brought forth the bill, Senate Bill 137, which sets the maximum penalty for using false data to make natural gas price indices at $25,000, up from the previous fine of $2,500. The bill also allows state regulators more authority to oversee indices.

The bill passed the committee vote 7 to 2 and now will face a second vote with the California Senate Judiciary Committee.

Several companies have reported that their employees had provided trumped up gas prices to industry periodicals last year, leading to unrealistic gas price indices. Dunns bill aims to give the California Public Utilities Commission greater ability to prevent inaccurate indices and allows the commission to set its own prices if no reliable prices are found.

According to the bill, purchase and sale reports comprising a published index will be time-stamped to the minute and will be required to include price, volume, delivery point, duration, date and time of transaction, and counterparty.

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