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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

Reliant to Spin Off Unregulated Businesses

LCG, Oct. 18, 2000--Reliant Energy Inc. said yesterday that its wholly owned subsidiary Reliant Resources Inc. has filed a registration statement with the Securities and Exchange Commission for the initial public offering of Reliant Resources common stock.

In the filing, Reliant said it expects to realize up to $1.3 billion in the public offering. The net proceeds will be used for general corporate purposes including the development of generating facilities, acquisitions and the repayment or refinancing of indebtedness, the company said.

Reliant Resources is the vehicle for the parent company's unregulated businesses, which include power plants and energy trading, marketing and risk management operations.

In notes along with the filing, Reliant Resources said "We intend to become a provider of retail electric services in Texas when the market opens to retail competition in Jan. 2002 and in other U.S. markets with favorable regulatory structures and profit opportunities thereafter."

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