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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

Austin Energy Poised to Commit to 300-MW Wind Project

LCG, February 25, 2014--Austin Energy announced late last week that it will purchase the power generated from a 300-MW wind farm to be built in Texas by Lincoln Renewable Energy. The wind farm project is approximately 50 miles southwest of Amarillo, Texas and will include 160 wind turbines. The City Council is scheduled to vote on the PPA during its meeting on February 27.

The new, 300-MW power purchase agreement (PPA) replaces a 170-MW wind PPA with E.ON Climate & Renewables, which declined to proceed due to tax and financing issues after winning an Request for Proposals (RFP) issued by Austin Energy. The new PPA with Lincoln Renewable Energy includes a shorter, 18-year term and a lower price (by about $2/MWh) than the 25-year PPA with E.On Climate & Renewables.

The Lincoln wind farm commenced construction in November 2013 and is eligible for the federal production tax credit (PTC) for wind, as the PTC is currently available only to projects that either (i) started construction or (ii) can show sufficient financial commitment by the end of 2013.

Increasing the PPA capacity from 170 MW to 300 MW will also better support Austin Energy's goal of achieving 35 percent renewable generation resources by 2020.
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