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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

Residential Rate Freeze for Illinois Could Be Extended

LCG, Apr. 12, 2002--A freeze on Illinois residential electric rates now scheduled to expire in 2004 could be extended to 2006, under an amendment to an energy bill now circulating in the Illinois House.

Rep. Phil Novak (D-Bradley) proposed the amendment in order for utilities and consumers to create a business environment that is better able to offer consumer choice. So far, no new companies have registered to supply residents, although any that do will be able to supply residents next month.

Novak said, "we're four years and four months into this new law, and not much of a market has developed in order to provide our residential customers some safety and security and protect them from any volatile price hikes." He said the freeze would allow lawmakers room to "remove impediments to a wholesale market."

A ComEd spokesman, Jon Hatfield, said, "the issue for us is, will we be able to make the numbers work so we can manage that risk." ComEd and Illinois Power would assume all risk of rising wholesale prices if a rate freeze were to be extended under the amendment.
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