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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

Reliant Plans 520 Megawatt Pennsylvania Coal-burner

LCG, March 20, 2001Reliant Energy Inc.'s Wholesale Group said yesterday it plans to build a 520 megawatt "clean coal" power plant in Seward County, Pennsylvania. The facility would be built adjacent to the company's existing 120 megawatt Seward coal-burner, which will be retired when the new facility begins commercial operation.

A spokesman for Reliant said the new plant could begin operations as early as 2004 if state and federal permitting processes go smoothly.

The plant will be financed be sale of some $400 million in tax-exempt bonds issued by the Pennsylvania Economic Development Financing Authority, a company statement said. The debt will be serviced from project revenues.

Using clean coal technology, the new plant will burn waste coal as its primary fuel. The announcement of the coal-fired plant comes at a time when soaring prices for natural gas are tarnishing that fuel's image as the fuel of choice for new power plants.

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