EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Holtec Receives New Nuclear Fuel at Palisades for Planned Restart

LCG, October 20, 2025--Holtec International announced today that the Palisades Nuclear Power Plant site in Michigan has received new nuclear fuel – 68 assemblies in total – that achieves a major milestone on the path to restarting the plant. The 800-MW facility was shutdown and decommissioned in 2022 due primarily for economic reasons; however, Holtec is progressing towards restarting the original unit by the end of this year, pending all necessary federal regulatory reviews and approvals. Achieving a successful restart of a shutdown nuclear unit will be a historic first for the nuclear industry.

Read more

Calpine Closes Texas Energy Fund Loan for 460-MW Pin Oak Creek Peaking Facility

LCG, October 14, 2025--Calpine Corporation today announced the close of a Texas Energy Fund (TxEF) loan agreement to support development of the Pin Oak Creek project, a 460-MW, natural gas-fired peaking facility adjacent to Calpine's Freestone Energy Center, a gas-fired combined-cycle facility located on approximately 506 acres near Fairfield, Texas.

Read more

Industry News

Northeast Utilities Demands Con Edison Merger Assurance

LCG, March 1, 2001Northeast Utilities yesterday threatened to go to court if it did not receive by tomorrow written assurance from Consolidated Edison Inc. that it would follow through on a merger agreement reached by the two utilities in October 1999.

The $3.83 billion acquisition of Northeast by Con Edison would create the largest utility in the U.S. Northeast. Most federal and state regulatory agencies have signed off on the deal, except that Connecticut regulators attached conditions Con Edison has found onerous.

Con Edison sought to soften the Connecticut stipulations but said at the same time that intransigence on the part of the regulators could endanger the merger. Instead of getting a better deal, the company ran afoul of Connecticut Attorney General Richard Blumenthal, who has asked a state court to block the merger until his office get a ruling on its appeal of the conditional approval.

Blumenthal, who is never at a loss for words, criticized Con Edison for an "abysmal record of high rates, poor service and environmental disrespect."

Now, Northeast appears to feel that Con Edison may be using the Connecticut problem to weasel out of the marriage, and has threatened a breach of promise suit.

Con Edison's response to Northeast's ultimatum, a short statement saying it is "reviewing the prospects for the merger in light of changes in Northeast Utilities' businesses that have occurred since the merger agreement," was "insufficient," according to a Northeast spokeswoman.

Michael G. Morris, chief executive of Northeast Utilities, acknowledged that his company has changed since the merger announcement. "Northeast Utilities is a substantially more valuable company today that when we entered into the merger agreement more than 16 months ago," he said.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service