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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

Puget Energy Eases Restrictions on Some Customers

LCG, March 14, 2001--Eleven industrial electric customers in the Seattle area have reached an agreement with Puget Sound Energy Inc. providing some relief from power prices that have risen about 20 percent in recent months.

The agreement, which must be approved by the Washington state Utilities and Transportation Commission, will allow the five largest of the customers to secure alternative sources of power, including generating their own. The largest among these customers was The Boeing Co.

Four smaller companies, including Intel, will pay a fixed, fairly high price for a now but will later go to a lower flat rate based on the utility's cost to serve them. The smallest customers, the city of Anacortes and Olympic Pipeline, will immediately be place on the lower flat rate.

The 11 customers had requested the regulatory commission for relief from rising prices in the wholesale power market, but it is possible that they had agreed earlier to purchase that power when the going was good.

The Seattle Times reported that Puget Sound Energy had filed suit against six of its largest customers, including Boeing, saying they had reneged on an agreement to buy power at spot market rates.

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