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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Industry News

Credit Problems Lead to Less Trading at Williams and Dynegy

LCG, July 25, 2002--The trading activity and existing positions of both Williams Cos Inc. and Dynegy Inc. are reportedly decreasing due to credit difficulties and less willngness on the part of other traders to engage with them, according to Reuters.

The finance director for Williams' European trading operations, Ray Poudrier, said, "We are still transacting but because of our credit status it is very limited; we are still in the spot market."

A trader in the West was quoted as saying that his own company, which was hesitant to extend credit to either of the companies, has also experienced reluctance by trading partners to extend credit. Another trader was quoted as saying, "A lot of what we're doing today is closing out a lot of deals with Dynegy and Williams. There's a lot of fear they're going the way of Enron. Not that they did anything wrong, but people are just losing faith in those companies."

Firms are reportedly trying to minimize any appearance of increased risk because of exposure to trading partners with poor credit ratings.
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