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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.

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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.

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Industry News

South Carolina Utility Cuts Gas Rate 15.24 Percent

LCG, March 7, 2001--South Carolina Electric & Gas Co., the principal subsidiary of Scana Corp., said yesterday it has received approval from the South Carolina Public Service Commission to lower its natural gas customers bills by 15.24 percent.

SCE&G said the new rate will go into effect with the first billing cycle this month, and a typical householder who uses 100 therms of gas will see his bill drop by around $20.

"We're pleased to be able to pass along lower gas prices to our customers, especially following several months of colder than normal winter weather," said Neville Lorick, president of SCE&G. "While it is extremely tough to predict changing natural gas commodity prices, if the current trendscontinue, we are hopeful we can continue to reduce costs to our gas customers."

SCE&G said it also was able to credit its residential and commercial gas customers' bills on average an additional $23.00 in December and January through the company's "Weather Normalization Adjustment." The company is also making progress on a plan under which customers can pay a flat monthly rate to 12 months.

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