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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

Decision Made on California Direct Access Customers Surcharge

LCG, Nov. 8, 2002--Large energy customers who were allowed to buy electricity from marketers and wholesale suppliers other than California's major investor-owned utilities will pay a surcharge to repay the state for its power purchases, with California Public Utilities Commissioners split on whether the amount is sufficient.

Yesterday, a 3-2 vote by California PUC regulators was made to impose a 2.7-cents per kilowatt-hour charge on usage by electricity purchasers who had signed their own supply contracts, starting Jan. 1. PUC President Loretta Lynch and Carl Wood, who advocated that the surcharge be higher, voted in the minority. Lynch thought other, generally small customers, who buy electricity from the investor-owned utilities, would be left paying a disproportionate share of the costs incurred by the state through its electricity purchases. She asserted that "This massive transfer of wealth is discriminatory and unreasonable."

Jeff Brown, who voted with the majority, said it is necessary to keep a central feature of earlier deregulation plans in place, by allowing direct access customers to continue their relationships with alternative suppliers. "If actual costs are imposed each year, direct access would become uneconomic and would cease to exist," he said. He also indicated that not allowing direct access would represent "a terrible signal to the business community," according to the Sacramento Bee. He believed, however, that the 2.7-cent surcharge is likely to rise next year.

Those who entered into direct access contracts include industrial and retail facilities, as well as hospitals and schools.
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