EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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."

Read more

Industry News

Illinois Governor Signs Energy Bill to Transform the Electric Sector

LCG, September 16, 2021--The Governor of Illinois yesterday signed into law SB 2408, a wide-ranging bill that will significantly impact the electric sector, along with impacts on the transportation sector, jobs and communities. The legislation requires 100 percent carbon free energy by 2045 and targets a path to achieve 100 percent renewables by 2050.

The legislation provides subsidies for carbon-free nuclear plants owned by Exelon Corp., with $694 million paid over a period of five years. Exelon had planned to close the two-unit, Byron nuclear plant this week and the two-unit, Dresden plant in November, unless federal or state subsidies were provided.

State renewable energy subsidies will be increased by more than $350 million annually, with the intent to increase the state’s renewables generation output from 7-8 percent of the current energy mix to 40 percent by 2030 and 50 percent by 2040.

The secretary treasurer of the Illinois AFL-CIO federation of labor unions stated that the bill “sets the strongest labor standards in the country” for renewable projects. “This now-enacted piece of legislation proves that we do not have to choose between good jobs and a clean energy future for our state. We can do both.”

The legislation requires most coal-fired power plants to close by 2030, and natural gas plants to shut down by 2045. Two municipal coal plants, the City, Water, Light and Power plant in Springfield and Prairie State Energy Campus near St. Louis, must be reduce emissions by 45 percent by 2035 and be carbon-free by 2045.

The 956-page bill targets the transportation sector with a goal of placing one million electric vehicles (EVs) on Illinois roads by 2030. Incentives include covering up to 80 percent of the cost of charging stations that were built by labor paid at the prevailing wage, based on a number of factors. Furthermore, the bill provides for a $4,000 rebate on an electric vehicle purchase starting in July 2022.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service