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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

Manipulation May Persist in Natural Gas Markets

LCG, Jan. 29, 2003--A report released today by the Federal Energy Regulatory Commission indicates that although companies have acknowledged some false reporting of gas trades to publishers of price indexes has taken place, the potential for manipulation in regional natural gas markets has not gone away.

The agency found that with strong demand for natural gas, and fewer participants in the market to trade, an illiquid situation could be used to boost gas prices further. "Evidence indicates that price manipulation has occurred in certain natural gas marketplaces, and may be continuing," the report states. The author of the report, William Hederman, is director of the agency's office of market oversight.

The regional markets in which possible manipulation was found were not identified. "The ongoing reduction in numbers of wholesale market participants and reduced liquidity and transparency at pricing points may increase the potential for manipulation," the report said. Besides hard-to-detect behaviors such as withholding of supply, upward price pressure has come from the perceived credit risks of market participants. New participants, many from the investment banking community, may counteract these tendencies, the report noted.
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