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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

Steam Problem Shuts Down Palo Verde Nuclear Unit

LCG, July 16, 2001An equipment problem Friday involving steam to the main turbine in the 1,270 megawatt Unit 2 of Arizona Public Service Co.'s Palo Verde Nuclear Generation Station caused a shutdown of the reactor, the utility said.

The unit was at 60 percent of power this morning, and increasing output, according to the Nuclear Regulatory Commission's daily plant status report.

APS said the reactor was designed to shut itself down automatically in the type of situation that was encountered, and all systems operated according to plan.

"Our customers will have the energy they need to keep their homes cool and their lights on," said Jim Levine, executive vice president of APS Generation on Friday.

Three-unit, 3,778 megawatt Palo Verde, the nation's largest nuclear power plant in terms of both size and output, supplies power to 4 million customers in Arizona, Texas, New Mexico and California.

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