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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

Timing of Mass. Electric Refunds in Dispute

LCG, Feb. 6, 2002--Massachusetts Electric and the state of Massachusetts' Department of Telecommunications and Energy are in disagreement over the terms under which the utility will provide 1.3 million customers with a refund resulting from outages last summer.

In October, Mass. Electric submitted documents that would have put off any refund until 2009, because of its high performance in 2000. According to Mass. Electric, the DTE had imposed rules concerning refunds owed for performance reasons retroactively. Its filing would reduce the amount of refunds due by $3.7 million for a "service quality" plan that was part of a merger between the utility and Eastern Edison.

The DTE has resisted the idea that the refund be affected by prior performance. Attorney General Thomas F. Reilly and the state Division of Energy Resources have said that the October filing, if approved, would provide an incentive to improve performance, however. Reilly has sought $22.5 million in immediate penalties from NStar Electric, which has said that the rules have been implemented retroactively back to 1999. The state's performance-based rates were put in place in the summer of 2001.A spokeswoman for Reilly, Sarah Nathan, said the NStar fine was based on "a clear difference in the performance levels of the two companies. The consumers that we've received complaints from a re all NStar customers."

Legal filings relating to Mass. Electric are expected to be completed by Feb. 18. Mass. Electric's senior vice president of distribution finance, Robert H. McLaren, foresees a DTE ruling on the matter within two months.
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