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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

Enron Can Sell Portland General Electric Co.

LCG, Feb. 13, 2002--The sale of Portland General Electric Co., the Oregon utility, by Enron Corp. was allowed by the Federal Energy Regulatory commission on Wednesday.

Enron bought PGE in 1998, and had agreed on a sale to Northwest Natural Gas in October. The former energy giant had purchased Oregon's largest utility for $2.1 billion in 1998. Northwest Natural Gas is the state's largest natural gas utility, and serves 530,000 customers in Oregon and Washington.

In order for the deal to be finalized, it will have to also be approved by the Securities and Exchange Commission. Most significantly, the sale would raise cash for Enron's creditors.
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