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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

Ontario Proposes New Market Structure

LCG, Apr. 16, 2004--The energy minister of Ontario, Dwight Duncan, Thurday announced that the province will look for proposals by power producers, while consumers will begin to pay rates that are a combination of production costs and market-based prices, and businesses will continue to be able to purchase power in the market on their own.

In addition, Duncan said that a new power authority will be set up, the purpose of which will be to ensure that power supplies in the province will be adequate. The Ontario Power Authority would be able to sign long-term contracts.

TransAlta is reported to be interested in bidding for a contract, based on capacity from a new unit operating in Sarnia since last year. More time will likely be needed by the government to gauge whether investors in generation feel comfortable enough with the conditions governing the market in order to make new investments. The primary concern of developers and companies such as Ontario Power Generation was that regulated rates have not reflected the cost of production.
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