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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

Investigation Underway Over London Blackout

LCG, September 2, 2003Britains National Grid offered its apologies for last weeks blackout in London and noted that a full investigation had begun.

On Thursday, equipment failure left Londons rush hour streets without power, trapping people in subways, halting trains, and stranding some 250,000 commuters in the rain.

The subway was particularly poorly equipped to deal with the outage, as backup power could not be connected for fear of harming commuters trying to walk to safety from marooned subway cars.

The event, while not nearly as serious as the East Coast blackout in the United States, has left the British questioning the reliability of their own transmission system.

Senior power executives are scheduled to face cross-examinations by Trade and Industry Select Committee MPs regarding the blackout.

A system of electricity substations called the 275KV South London Ring was the origin of the blackout. A transformer at Hurst in Kent was found to have gas in it and was taken out of service. When power was diverted to avoid this transformer, a power line between New Cross and Wimbledon switched off and caused the blackout. The line took 30 minutes to pinpoint and another 15 to fix, at which point London streets were already mired in chaos.

Electricity transmission in London was privatized in 1990 and is run by National Grid.

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