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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

SoCal Edison Proposes Discounts for Struggling Businesses

LCG, Apr. 9, 2004--The California Public utilities Commission received a plan last week put forth by Southern California Edison that would allow the utility to grant discounts to medium-sized businesses that are able to show poor financial health, in order that Edison could retain those businesses as viable customers of the utility.

The plan would provide discounts starting at 25 percent in the first year, and incrementally smaller discounts for each of the next four years, with changes of 5 percent per year. The likely impetus behind Edison's proposal is an interest in deterring its customers from using direct access, which allowed businesses to pursue wholesale deals with competing suppliers until the California energy crisis. Bills have been introduced in the Legislature that would restore the ability of large energy users to make such deals.

PUC Commissioner Loretta Lynch articulated a concern that, if implemented, such discounts as the plan proposes could result in a transfer of costs to smaller, mostly residential users of electricity. Lynch said that efforts should be made to bring lower rates to all customer classes. If industrial customers were to leave Southern California Edison due to direct access, it could also result in higher costs for residential utility customers who remain.
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