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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

Rising Costs Lead Westar to Defer Decision on New Coal-fired Power Plant

LCG, December 29, 2006--Westar Energy Inc. announced that it plans to defer selecting a site for a new, 600-MW electric generating station due to significant increases in the estimated cost of the coal-fired facility. The company had previously expected to make the site selection by the end of 2006.

The estimated cost has increased from $1 billion to $1.4 billion since the plant was announced in May 2005. With the higher cost, the project is no longer necessarily the low-cost supply to serve the utility's growing demand for electricity in Kansas.

Duke Energy has had similar facility cost increase issues with its planned upgrade and expansion of its Cliffside Steam Station in North Carolina. In May 2005 Duke filed an application with the North Carolina Utilities Commission that included the addition of two, 800-MW coal units. Late this year, Duke announced that the estimated cost has increased from $2 billion to $3 billion. Due to the roughly fifty percent increase in the estimated cost, the Commission has scheduled additional hearings to begin January 17, 2007.





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