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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

New England Firm Plans 420 Megawatt Wind Farm

LCG, Oct. 31, 2001--Boston-based green electricity company Energy Management Inc. has announced plans to develop a 420 megawatt (nameplate capacity) wind farm off the coast of Massachusetts in Nantucket Sound.

The company said it expects to get an optimistic 34 percent operating factor out of the Cape Wind Associates project, which, if achieved, means the wind farm would be the equivalent of a 140 megawatt power plant.

According to Cape Wind President Jim Gordon, the wind farm will consist of about 150 pylon-mounted turbines on a 24-square-mile shoal in Nantucket Sound, a density of 6.25 turbines per square mile, which is fewer that the 9 per square mile many consider best for maximum generation.

The company explained that the towers would be kept a half-mile apart so as not to affect navigation by fishing and pleasure boats.

Gordon said the wind farm would save New England electricity customers tens of millions of dollars a year because "Once the turbines are built, the wind is free."

Mike Worms, a New York energy analyst, disagreed. "I don't think wind power is cheap by any stretch," he said. "If it weren't for federal subsidies, it probably wouldn't even be a viable option."

Worms was referring to a federal production tax credit that pays wind farm operators 1.7 cents per kilowatt-hour of power actually produced. That subsidy kicks in when a turbine first starts putting power on the grid and runs for 10 years, but the program is due to expire at the end of this year.

Without the tax credit, wind power would cost about 6 cents per kilowatt-hour, compared to 1.83 cents for nuclear power, 2 cents for electricity produced in coal-fired plants and 3 cents for power from gas-fueled power plants.

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