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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

El Paso Energy Partners, L.P. Becomes GulfTerra

LCG, May 1, 2003El Paso Energy Partners, L.P has decided to change its name and stock ticker.

El Paso Energy Partners was the third-largest master limited partnership in the country at the end of last year and is changing its name in an effort to distinguish itself from the El Paso Corporation, the large pipeline company which is an indirect partner. Although probably not its intended, the move will also distinguish the company from completely unrelated utility El Paso Electric.

No mention was made as to whether or not the name change came in response to El Paso Corporation'ss economic situation, which has resulted in the sale of several assets.

The name GulfTerra is intended to relate to the size and scope of the partnerships midstream operations, according to CEO Robert Phillips.

GulfTerras New York Stock Exchange Symbol will be GTM.
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