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SPP and Member Utilities Successfully Achieve Western Expansion Milestone

LCG, April 2, 2026--Southwest Power Pool (SPP) today announced that the expansion of its service territory into the Western Interconnection has been a success. The milestone makes SPP the first regional transmission organization (RTO) with services spanning the Eastern and Western Interconnections. Its member organizations, which cover all or part of 17 states, can now benefit from a more operationally and geographically diverse integrated system.

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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Industry News

Morgan Stanley Can Buy Duke Power Contracts

LCG, Jan. 20, 2004--The sale of contracts by Duke Energy Trading and Marketing, a unit of Duke Energy Corp., to Morgan Stanley Capital Group has received approval from the Federal Energy Regulatory Commission.

The deal, which includes interests in 241 contracts, would cover short-term and long-term contracts. The sale also would move Duke Energy Corp. nearer to dissolving the Duke Energy Trading and Marketing unit, a joint venture with Exxon Mobil Corp. The unit would retain at least some of its portfolio of contracts.

Duke spokeswoman Kate Perez said that Duke continues to trade using its generating assets. Although Duke Energy North America, the merchant unit, is preparing to sell unspecified plants in the Southeast, the company has plants throughout other regions of the country.
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