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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

AEP Business Unit Split Approved by FERC

LCG, Sep. 27, 2002--American Electric Power Co. (AEP) will seek approval from the Securities and Exchange Commission to separate its regulated and unregulated business units, after the Federal Energy Regulatory Commission allowed the plan, according to the company.

The plan is meant to allow the company to meet requirements under legislation in Ohio and Texas, both states where transmission and generation functions must be separate. AEP said in a press release that having the units as distinct entities would make activities in the separate companies more transparent to investors, and allow each to raise capital more efficiently.

The Securities and Exchange Commission's chairman, E. Linn Draper Jr., said he is "optimistic" about the prospects for approval from his agency, and thinks the proposed move can be finalized by the end of the year.
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