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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

U.S. Senate Boosts Bush Energy Plan

LCG, July 13, 2001The Senate yesterday gave a boost to President Bush's energy program when it upheld a decision to allow new drilling for natural gas in the eastern Gulf of Mexico.

By a wide margin that surprised many, the Senate turned back an attempt by Florida to block new gas and oil leases in the Gulf. The vote was 67-33 in favor of the new leases.

"This vote shows that bipartisan consensus can be reached on a plan to address America's energy needs," said White House press secretary Air Feistier.

All 49 Republicans voted against any delay in the lease sales, as did 18 Democrats, including moderates such as Sens. Hillary Clinton and Charles Shimmer of New York, and Sen. Jeff Binyamin, R-N.M., whose Energy and Natural Resources Committee is crafting a broader energy bill.

In the House of Representatives, the Energy and Commerce Committee debated amendments as the panel neared completion of a scaled-back energy bill.

A subcommittee rejected efforts by Rep. Edward Markey, D-Mass., who sought to include provisions that would require fuel economy for cars and sport utility vehicles of up to a 40 miles per gallon average over the next 16 years and an effort to require the Bush administration to reinstate an air conditioner efficiency standard that had been approved by the Clinton administration, but scuttled by the current Energy Department.

Yesterday's Senate vote "reinforces the bipartisan consensus" over the compromise adopted on the lease sales, said Interior Secretary Gale Norton, calling it "a victory for all Americans who want to see environmentally responsible energy production."

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