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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

PG&E to Pay Franchise Fee to Local Governments on Time

LCG, April 3, 2002-PG&E said yesterday that it will pay $145 million in franchise fees to hundreds of counties and cities in its service area, as required by its contracts.

The 2001 franchise fee surcharge has increased by 44 percent over the 2000 charge.

While the utility is still working out its financial situation in bankruptcy court, PG&E chief executive Gordon Smith has proudly announced that the company will fulfill commitments in franchise fees which he says are necessary to support government programs and services.

Franchise fees, a percent of gross receipts, are charged by cities and counties for PG&E's use of public streets.

Cities and counties with March 31 deadlines have been paid, and those with April 15th deadlines will be paid on time, according to PG&E.

Creditors of PG&E will vote on plans regarding PG&E's $13.2 billion debt later this year.

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