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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

Massachusetts Plants to Be Retired

LCG, May 12, 2003--Four power generating units in Massachusetts that are owned by Exelon Corp. will be retired this year, according to the company.

A new, 800-megawatt power plant that was built on the same site as three of the units, in the town of Everett, started operations in April. Mystic Station 4, 5 and 6 will be retired, as will New Boston Station's Unit 1, a 380-megawatt plant in South Boston. The total amount of capacity being retired is put at 756 megawatts.

Massachusetts' government had wanted the units, which run on oil and coal, to be shut down in order to reduce emissions. Exelon also contends that keeping the plants running would be a more costly exercise than makes good business sense. The units would likely have needed upgrades and enhancements to make them competitive.

Before the shutdowns, an additional new 800-megawatt Mystic unit, number 9, is expected to come on line by this month or next month. Exelon has submitted an application to the New England ISO, seeking the grid operator's approval, which is subject to the need for reliability.

Other relatively dirty plants the state would like to be retrofitted in order to continue operating are NRG Energy, Brayton Point, Salem Harbor, Mount Tom Station, and Canal Electric.
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