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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

NorthWestern Energy Seeks Gas Rate Increase

LCG, May 23, 2003--NorthWestern Energy, the buyer of Montana Power's electric power and natural gas distribution system last year, is seeking to make up for an anticipated difference of $13 million between its collections from customers and its purchase costs for natural gas between last December 2002 and next month.

NorthWestern would like to make permanent an increase in the tracking rate, which covers a portion of unforeseen purchase costs by the utility. The company's vice president for regulatory affairs, Pat Corcoran, told reporters that an upcoming rate case to be filed with the Public Service Commission will contain a "big increase."

NorthWestern charges its customers about $2 less for the commodity than the estimated price of gas in June, $5. According to the upcoming case, it is possible that the typical customer would see annual charges that of $298 more than what he or she now pays.
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