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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

Calpine Receives Project Financing to Complete Metcalf Energy Center

LCG, February 3, 2005--Calpine Corporation announced yesterday that it had received a $100 million, non-recourse credit facility from ING Capital LLC and Bayerische Landesbank's New York operations to complete the Metcalf Energy Center, located in San Jose, California. Commercial operations of the 600-MW, combined-cycle power plant are planned to commence in June 2005.

Calpine stated that it will sell the entire output from the gas-fired plant to its wholly ownedsubsidiary, Calpine Energy Services, L.P., who in turn will sell power to large wholesale customers and into the daily energy market. The project finance facility will mature in July 2008.

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