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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

China Dismantles its Power Monopoly

LCG, April 16, 2002-Following official announcements over a month ago, last week the Chinese State Development Planning Commission declared that China State Power Corporation (CSPC) assets will be distributed to form new companies.

Four or five power companies, only one of which already exists, will acquire the CSPC assets. The Huaneng Power Corporation will evolve into an independent power company.

The Chinese power grid will be yielded to two new companies; Southern Power Grid Corporation will control Guangdong, Hainan, Yunnan Guizhou, and Guangxi provinces, and the State Power Grid Corporation will initiate five companies to supply north, northeast, northwest, east, and central areas, including Tibet, although it will continue to hold controlling shares of all five.

The new power companies will vie for contracts from the grid operators, and assets will be up for sale once the reforms are launched. The State Development Planning Commission hopes that a fair market will develop from such reforms, and also asserts that companies will receive a lot of incentives for clean power generation.

An independent organization will also be created to monitor the new market.

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