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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

Tokyo Electric Operates One Nuclear Reactor

LCG, May 9, 2003--A single nuclear reactor out of Tokyo Electric Power Company's (TEPCO) fleet of 17 such power plants was restarted this week, following an inspection that turned up no cracks or structural deficiencies.

The fleet was completely shut down on April 15, but other than the 1,350-megawatt No. 6 reactor, the utility has no immediate plans to restart others. The shutdown was initiated due to revelations concerning cover-ups of the discovery, at certain reactors, of cracks. The cost of either purchasing power or running fossil-fuel plants in its fleet has impacted TEPCO, which may have to bring new plants into operation before their scheduled start dates, and has made corporate users aware that they can receive discounts for lowering consumption.

The company has disclosed that with the increased demand for power expected during summer, a minimum of 10 of the reactors will need to be restarted to avoid a serious power emergency. The No. 6 reactor was shut down in January for a regular inspection, and is located about 155 miles north of Tokyo.
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