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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

FERC Tells Grid Operators to Settle Differences

LCG, January 7, 2003-The Federal Energy Regulatory Commission has advised the Midwest ISO and PJM Interconnection to resolve issues of transmission rates between grid areas.

Customers of the Midwest Independent System Operator and PJM Interconnection LLC face charges when moving electricity from one transmission system to the other.

FERC has urged the transmission operators to come to some type of settlement regarding these rates, and FERC Chairman Pat Wood has suggested that a cost-of-service formula could be used to determine rates. The two operators plan to form a single large grid by October of next year, serving over 20 states and some of Canada.

Last month a FERC Administrative Law judge threw out rate-related testimony submitted by various power industry agencies in regards to the transmission operators. DTE Energy Co., Detroit Edison, Wisconsin Public Power Inc., Indiana Municipal Power Agency, Southeast Michigan Systems, and International Transmission Co. submitted evidence.

FERC officials reinstated some of that evidence yesterday, part of which addressed claims that those controlling transmission overcharged in order to make up for lost revenue.

If Midwest ISO and PJM fail to come to some agreement with customers, a FERC judge will rule by Febraury 28 on the case.

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