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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

TVA Considering Options for Unfinished Nuke

LCG, July 5, 2001Tennessee Valley Authority's unfinished Bellefonte nuclear power plant in Hollywood, Ala., the nation's most recently abandoned atomic power project, may produce electricity yet.

TVA, a taxpayer-owned utility managed by political appointees, has sunk more than $6 billion into Bellefonte, which has been mothballed since 1988 when the agency halted construction after 14 years of effort. It is the only unfinished twin-reactor plant in the United States that has not been scrapped by its owner.

Earlier this week, Jack Bailey, vice president of engineering and technical services, was selected to lead a special project considering options for Bellefonte.

"Bellefonte has the potential to be a valuable, productive asset to the corporation," TVA Directors Skila Harris and Glen McCullough said in a joint statement. "Jack's experience makes him uniquely qualified to evaluate and review all options from all perspectives."

TVA is still considering finishing the plant, and will be looking at options that would not jeopardize that possibility. Agency officials believe a large coal-fired plant could be built on the site, a prospect that could make environmentalists nervous.

Last year, Dr. Stephen Smith, director of the Southern Alliance for Clean Energy, pointedout that coal-burning plants in Tennessee contributed 352,000 tons of smog-forming nitrogen oxide, 775,000 tons of acid rain causing sulphur dioxide, 4,109 lbs. of mercury, and 103,633, 836 tons of the greenhouse gas carbon dioxide into the air.

A lot of the nitrogen oxide came from TVA's Chattanooga coal-burner, which is the worst industrial facility in the United States for spewing NOx. In 1996, the plant emitted 105,120 tons of the stuff.

TVA also leads the nation when it comes to putting sulphur dioxide into the air. Its Cumberland Steam Plant emitted 346,171 tons of SO2 in 1996.

TVA is also considering the Bellefonte site for a coal gasification project it would jointly develop with Texaco. That project would provide enough fuel for about 1,500 megawatts of gas-fired electric generation.

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