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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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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."

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Industry News

L.A. Gets $181 Million from Municipal Utility

LCG, Nov. 27, 2001--Commissioner of the Los Angeles Board of Water and Power -- governors of the city's huge municipal utility -- have approved a transfer of $181,400,000 to the city's general fund for the current fiscal year.

The Los Angeles City Council was scheduled to vote today on whether the utility -- the Los Angeles Department of Water and Power -- should hang onto its interest in the Mohave coal-fired power plant in Nevada. A lot of that $181,400,000 was produced by LADWP sales of surplus power to the California independent System Operator and the California Department of Water Resources at top dollar.

The LADWP's annual transfer to the city of Los Angeles equals 5 percent of the utility's gross revenues for water and electric services, and this year's infusion of cash to the city was about 25 percent higher than last year's, as the result of power sales.

About 85 percent of the transfer, or $154,153,000 will come from LADWP's Power Revenue Fund.

"We are fortunate that in the midst of the city's economic downturn, the Department of Water and Power is able to make its contribution to the city," said Mayor James K. Hahn. "These funds will go a long way to help the city continue to provide vital services such as fire and police protection, libraries and recreational facilities."

"This transfer demonstrates one of the benefits of public power," said DWP Board President Kenneth T. Lombard. "We are proud that in addition to meeting the water and electricity needs of the city, DWP pays dividends to the residents of Los Angeles in the form of support for necessary city and community services."

Members of the City Council say they are predisposed to vote in favor of keeping the city's 316 megawatt interest in the Mohave power plant.

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