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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

Armenia Privatizes Energy Industry

LCG, August 27, 2002Yesterday the government of Armenia agreed to sell 81 percent of its electricity system to Midland Resources Holding, Ltd.

The British company will share ownership of the system with the European Bank for Reconstruction and Development.

Of five companies interested and qualified to purchase Armenias electricity assets, only Midland Resources retained interest in buying.

After the Soviet breakdown, Armenia had capacity for only as little as 2 hours per day worth of electricity for some years.

The 81 percent of shares went for $37.15 million.

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