Duke Energy plans new 1,117 MW nuclear reactor by 2037

Duke Energy adds a large nuclear reactor project to its 2025 plan for the Carolinas, anticipating electricity demand more than twice previous forecasts.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Duke Energy has incorporated a large-scale nuclear reactor project into its updated resource plan for North Carolina and South Carolina, with a targeted in-service date of 2037. The company is evaluating two options: small modular reactors (SMRs) at Belews Creek or a large light-water reactor (LLWR) at the William States Lee III site.

Responding to surging power demand

The2025 Carolinas Resource Plan, submitted to the North Carolina Utilities Commission, addresses a significant increase in electricity consumption. Duke Energy reports that projected demand is now more than twice the levels estimated in the 2023 plan. This growth is reportedly driven by regional industrial expansion and sustained demographic trends. The plan also reflects recent changes in public policy, including federal tax credits for advanced nuclear and energy storage, as well as new legislation focusing on grid reliability.

The previous plan, approved in 2024, included life extensions for existing nuclear units and construction of two SMRs at Belews Creek by 2035. The 2025 edition adds the potential deployment of an LLWR as either an alternative or complement to the SMR option to diversify generation capacity.

Two sites identified for large nuclear deployment

The William States Lee III site in Cherokee County, South Carolina, and the Shearon Harris site in Wake County, North Carolina, have been identified as best suited for LLWR deployment. The former already holds a combined construction and operating licence for two AP1000 units issued by the Nuclear Regulatory Commission (NRC) in 2016. The latter was the subject of a similar application in 2008, which was suspended in 2013 at the request of Duke Energy Progress.

An annex to the plan states that both licensing documents will require substantial revision to reflect updated technical information. Duke Energy plans to submit an early site permit application for Belews Creek by late 2025, with approval expected in 2027. The company aims to install either 600 megawatts through SMRs or up to 1,117 megawatts with an LLWR on the selected site.

Maximising output from existing nuclear assets

With 10,819 megawatts of nuclear capacity across six sites, Duke Energy operates the largest regulated nuclear fleet in the United States. The company intends to enhance operational efficiency across its portfolio, including licence extensions for existing facilities. The three-unit Oconee plant recently received approval for up to 80 years of operation.

Duke Energy is also planning to add 245 megawatts of capacity through power uprate projects at three sites. Additionally, three plants are being transitioned from 18-month to 24-month fuel cycles to reduce the frequency of refuelling outages.

Public hearings on the plan will be held in 2026 by the North Carolina Utilities Commission. An updated version of the plan will be filed with the Public Service Commission of South Carolina later this year.

The Italian government has approved a bill granting the executive authority to regulate the return of nuclear energy, in line with European carbon neutrality and energy security targets for 2050.
Framatome and the French Alternative Energies and Atomic Energy Commission have commissioned a specialised industrial line in Jeumont for the manufacturing of nuclear components used in French Navy vessels.
Italian company Terra Innovatum is advancing the commercialisation of its SOLO micro-reactor, with two new partnerships and $42.5mn in funding as part of a merger with a listed company.
The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.
The containment structure over Chernobyl’s destroyed reactor lost power after a Russian strike, as Zaporizhzhia remains cut off from external electricity for over a week.
Uranium deliveries to U.S. civilian operators rose 8% in 2024, while the average price climbed to its highest level since 2012, according to the latest available data.
The Vice-Chairman of Russia’s Security Council believes more countries will develop nuclear weapons and generative AI technologies as a result of increasing public sector efforts.
An international tribunal ruled in favour of French company Orano against the State of Niger, which had blocked the sale of uranium extracted from the Arlit mine since taking control of the site in 2023.
US-based Oklo and Sweden’s Blykalla join forces to coordinate supply chains and regulatory data sharing to accelerate the commercial deployment of their metal-cooled small modular reactors.
EDF plans a massive €25bn ($26.5bn) investment to modernise its nuclear fleet, focusing on reactor lifetime extension and preparing for new nuclear projects in France.
The French Energy Regulatory Commission set the full nuclear cost at €60.3/MWh by 2026, outlining the taxation thresholds applicable under the market reform scheduled for 2026.
The Ministry of Energy will initiate talks with developers of small nuclear reactors after signing a cooperation agreement with the United States to conduct preliminary studies on their deployment.
The restart of the Flamanville EPR reactor, initially scheduled for 1 October, has been delayed by more than two weeks due to a maintenance operation on the primary circuit.
The International Atomic Energy Agency says known natural uranium reserves will meet global nuclear power plant demand for the rest of the century, despite price pressures.
Site selection for Kazakhstan’s first nuclear power plant enters an advanced technical phase, with more than 100 experts mobilised by Rosatom to conduct complex geological and seismic analyses.
The ICSID arbitral tribunal ordered Niger to suspend any sale of uranium produced by SOMAÏR, ruling that this material falls under Orano’s contractual rights, amid a dispute with the State that has lasted for several months.
US-based TNC has entered into a strategic agreement with Nucor Corporation to expand gigawatt-scale nuclear capacity in line with federal targets of 400 GW by 2050.
Framatome and Italian agency ENEA have signed an agreement to design nuclear reactors capable of powering future human settlements on the Moon, amid growing European ambitions in space.
A technical report backed by the Government of Alberta confirms the potential of the Xe-100 reactor to meet the province’s industrial and electrical energy needs.
Drones were detected within 500 metres of the South Ukraine nuclear power plant, while Zaporizhzhia remains without off-site power.