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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

U.S. Energy Secretary Voices Natural Gas Concerns

LCG, May 19, 2003-- U.S. Secretary of Energy Spencer Abraham has decided to call a meeting regarding how to increase the nation's natural gas supply.

On Friday Abraham told the National Petroleum Council to expect a meeting this June. Discussion will be aimed at strategies to maximize short term natural gas supply during the summer.

He noted that gas supplies are especially tight because of a long, cold winter in the East, lowered domestic gas production, and decreased importation. According to him, U.S. gas supply is half 2002's and 42 percent less than the average supply over the last five years.

While the Bush administration expects help from the National Petroleum Council, an advisory panel constructed by the government, Abraham did not comment on what particular actions the administration was investigating in order to remedy the short supply.

The National Petroleum Council was established in 1946 and consists of roughly 175 industry and non-industry people from many aspects of the oil and gas market. The Council's members, appointed by the Secretary of Energy, prepare reports on energy as requested by the Secretary of Energy. NPC's website is http://www.npc.org.

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