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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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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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Industry News

Con Ed Wants Brooklyn Plant Okay in Two Weeks

LCG, May 8, 2001Consolidated Edison Inc. said yesterday it had asked the New York State Department of Environmental Conservation to give it the go-ahead within two weeks to begin producing power at the Hudson Avenue Steam Station in Brooklyn.

As part of New York's electric restructuring program, utilities were required to sell off their generating assets, but the company's utility subsidiary, Consolidated Edison Co. of New York, simply quit producing power at the Hudson Avenue unit in 1997 and kept on making steam.

"We are not going to do anything different at the plant than we are doing now," said Con Edison spokesman Chris Olert. "We will burn the same amount of oil. We will make the same amount of emissions. The only change is that now we will also generate 60 megawatts of electricity as a bonus."

Neighborhood groups had objected to starting up the generator because of fears of additional pollution, fed by reports in local newspapers. "Those reports, which were wrong, helped delay the DEC's decision. We now expect to hear from them in another two weeks," Olert said.

Con Ed could have the plant churning out 60 megawatts of power in a week to 10 days after getting approval, Olert said. "All we're going to do is reconnect the electric generation equipment."

The Hudson Avenue Steam Station is located on the East River near the Manhattan Bridge which connects Flatbush with the lower end of Manhattan.

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