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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 Judge Says Investigation Shows No Manipulation by Avista

LCG, July 28, 2003--After the release on June 25th of documents relating to a Federal Energy Regulatory Commission investigation of Avista Corp.'s trading practices, the agency's Chief Administrative Law Judge, Curtis Wagner Jr., said that he is satisfied that the Commission can make a ruling based on the record, reversing an order he made on the day of the release.

At issue are trades that took place between Avista, Enron and Portland General Electric, the Enron subsidiary. FERC staff investigated over a period of months, and in January, notified Wagner that it believed Avista should be cleared of having intentionally manipulated energy markets during the Western energy crisis. In March, however, FERC staff other than those making the first determination that Avista could not be cleared when manipulation was found among numerous companies, which were ordered to justify their trading practices. Avista was said to have caused congestion on transmission lines, sold energy it could not furnish, and profited by relieving transmission congestion.

Wagner requested documentation on particular issues, which were provided. The board of FERC will next meet on Sept. 10, and may make a decision based on Wagner's findings that no manipulation by Avista occurred. Avista's CEO and president, Gary Ely, issued a statement that Wagner's finding was "a major step forward in successfully resolving this issue."
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