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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

Isabel Cuts Power to 5.5 Million

LCG, Sept. 19, 2003--Residents of North Carolina on Thursday sustained the first battering by Hurricane Isabel, which also caused disruption and harm in Virginia, West Virginia, Maryland, New Jersey, Pennsylvania, Delaware, Rhode Island and the nation's capital, with an estimated 5.5 million people losing power through Friday.

The 120-mile-long barrier island chain in North Carolina known as the Outer Banks lost power, as did 1.6 million people in Virginia. It was estimated that power would be restored in Dominion Virginia Power's service territory within a few days. President Bush ordered that federal aid monies be allotted to North Carolina and Virginia.

Winds of over 100 mph struck North Carolina Thursday, but gradually lost speed through Friday, when Isabel, downgraded to a tropical storm, was clocked at about 35 mph. A number of Mid-Atlantic states, which experienced a relatively wet summer, have sustained flooding and resultant water damage. The amount of rainfall varied, with West Virginia recording 5 inches of rain, and Delaware, one to two inches. In Maryland, flooding caused by rain and storm surges along the ocean was called the "No. 1 danger" by Gov. Robert Ehrlich. One-and-a-quarter million residents of the state were calculated to have lost power.

Today, it was reported today by Canadian Broadcast News that 30,000 customers of Hydro One, which distributes electricity to Ontario residents, had lost power due to failed distribution lines. The storm was still pounding the area this afternoon.
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