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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

California Rewrites Contracts with Williams Cos.

LCG, November 12, 2002-California officials and energy company Williams Cos. reached a settlement yesterday, yielding the state $417 million.

In 2000 and 2001, Californian energy purchasers signed $43 billion in long-term energy contracts, estimated to be roughly twice the price necessary.

California Attorney General Bill Lockyer brought lawsuits against several energy companies earlier this year, alleging contract prices were unfairly high.

Williams Cos. agreed to pay California $417 million, which includes renegotiating its 10-year contract with the state by $180 million. The deal also includes yielding the state six turbines, worth $90 million, putting $150 million to energy efficiency, and giving $80 million to projects for solar energy in California schools. $147 million will go to state agencies over eight years. Reports on the allotment of funds are unclear as to how all these projects' costs add up to $417 million, but Lockyer has said that the net effect could be as large as $1.4 billion.

As part of the settlement, Williams Cos. will also pay Oregon and Washington each $15 million over three years.

While the $417 million is being touted as a major victory for the state, some Californians may wonder from where the remaining $21.6 billion in alleged overcharging will come.

The settlement still faces court and regulatory approval.

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