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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

Texas Cities Flock to Franchise Fee Suit Against TXU

LCG, Oct. 26, 2000--Lawyers for the city of Denton, Texas, which is suing TXU Electric & Gas Co. over alleged underpayment of franchise fees, said yesterday that 22 other cities in TXU's service area have joined in the suit and more are expected.

Franchise fees are what cities charge utilities for the right to tear up streets for pipelines and cables and to erect poles and string wires. They are a sort of rental charged for the use of public property. The franchise fees are based, in this case at least, on the utility's gross revenues from customers served.

The Denton lawsuit says the utility intentionally underpaid the city its franchise fees by not reporting its gross revenues. Denton's lawyers did not say what the company did report, but said the city claims TXU owes more than $1.17 million and the figure could turn out to be much higher. The total underpayment for all of the 22 cities could be more than $240 million, the lawyers said.

On top of that, if TXU intentionally underpaid the fees, Denton and the other cities would be entitled to punitive damages.

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