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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

NorthWestern Energy Seeks Gas Rate Increase

LCG, May 23, 2003--NorthWestern Energy, the buyer of Montana Power's electric power and natural gas distribution system last year, is seeking to make up for an anticipated difference of $13 million between its collections from customers and its purchase costs for natural gas between last December 2002 and next month.

NorthWestern would like to make permanent an increase in the tracking rate, which covers a portion of unforeseen purchase costs by the utility. The company's vice president for regulatory affairs, Pat Corcoran, told reporters that an upcoming rate case to be filed with the Public Service Commission will contain a "big increase."

NorthWestern charges its customers about $2 less for the commodity than the estimated price of gas in June, $5. According to the upcoming case, it is possible that the typical customer would see annual charges that of $298 more than what he or she now pays.
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