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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

PNM to Build Plant, Provide Power to TNMP

LCG, July 3, 2001Public Service Co. of New Mexico said yesterday that it had signed a long-term wholesale power supply agreement with Texas-New Mexico Power Co. and would build a new power plant near Las Cruces, N.M., to produce some of the electricity.

The new facility will be located about 12 miles west of Las Cruces, which is the chile pepper capital of the world. The 135 megawatt natural gas-fueled plant is expected to begin commercial operation in the autumn of next year, with expansion to 220 megawatts planned for late 2003.

PNM noted that the new plant will be its first investment in new power supply for the competitive wholesale electricity market.

The contract with TNMP, which runs from July 1 of this year until Dec. 31, 2006, will provide varying amounts of firm power through 2002 to complement existing contracts TNMP has in place, PNM said. As those contracts expire, PNM will replace them and become TNMP's sole supplier beginning Jan. 1, 2003. In the last year of the contract, TNMP will need 114 megawatts of firm power.

"Reliable service at stable prices is important to our customers," said TNMP chief executive Jack V. Chambers. "This agreement is an important step in insulating our customers from the dramatic price fluctuations and reliability problems that California has experienced."

"We are providing TNMP not only its power supply but also key services, including scheduling and dispatching of the wholesale power," said Jeff Sterba, PNM chairman and chief executive. "PNM will act as TNMP's agent to procure, schedule and dispatch wholesale power on TNMP's behalf."

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