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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

California PUC Approves $1 Billion Refund

LCG, September 4, 2003—The California PublicUtilities Commission has decided to give utilitycustomers a $1.002 billion refund reflecting areduction in emergency power purchased.

Customers of Pacific Gas & Electric Company,Southern California Edison, and San Diego Gas &Electric will get a one-time bill credit. Theutilities serve about 28 million people on 10.3million electricity accounts.

The PUC has already stated that Pacific Gas &Electric customers will not receive a credit rightaway since the utility is still involved in bankruptcyproceedings.

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