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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

Mirant to Buy TransCanada's Gas Marketing Unit

LCG, Oct. 12, 2001--Atlanta-based power producer Mirant Corp. said yesterday that it has agreed to buy the gas marketing business of TransCanada Pipelines Ltd. for an undisclosed sum. The deal will propel Mirant into the number two slot among north American gas marketers.

Mirant has agreed to acquire TransCanada's trading and marketing business and related natural gas storage and transportation contracts, along with its so-called "netback pool," which markets supply from 550 Canadian producers.

The sale takes TransCanada out of the marketing and trading end of the energy business. The company has sold $3.3 billion in Canadian money ($2.1 billion U.S.) worth of assets over the past two years in order to focus on its pipeline and electric generation businesses in North America.

Mirant said the deal would make it Canada's largest gas marketer in addition to giving it the number two spot in North America.

The companies expect to close the transaction by the end of this year, pending regulatory, producer and customer approvals.

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