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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 Creditors to Receive 16.6 Percent

LCG, September 18, 2003Enron Corporation has noted that its creditors can expect to get more of what they are owed.

Enron, currently splitting up its assets in bankruptcy court, has pointed out that the value of its assets has improved. Therefore, creditors can expect to recover closer to 16.6 to 19.5 percent recovery, wheras previous estimates were for 14.4 to 18.3 percent.

Creditors to the Enron parent company can expect 16.6 percent recovery, while creditors to Enron North America Corp. will probably get 19.5 percent.

Enron filed for bankruptcy protection in December 2001. The corporation will likely separate Cross-Country Energy, Prisma Energy International and Portland General Electric (PGE) from its bankruptcy proceedings and is hoping to keep PGE in one piece.

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