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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

Northeast Reliability Interconnect Project Route Selected

LCG, September 22, 2004--Bangor Hydro-Electric Company (BHE) announced its preferred route for the Northeast Reliability Interconnect Project, a proposed 345 kV transmission line that will connect Maine to New Brunswick and improve both grid reliability and access to markets for generators.

Currently, there is a single, 345 kV transmission line linking Maine and New Brunswick. The new line would be capable of delivering approximately 300 MW of power into Maine, and about 400 MW could be exported from Maine. The route selected by BHE is the Consolidated Corridors Route, which falls within existing road and utility corridors for 96 percent of its 85-mile length, minimizing right-of-way issues and impacting the least number of land owners. The new line would begin at Bangor Hydro's substation in Orrington and cross the Canadian border near Baileyville, where it would tie into the line being built by NB Power of Canada.

Last month, ISO New England (ISO-NE) reviewed the proposed Northeast Reliability Interconnect Project and determined that the line will improve reliability in New England and that the costs - estimated to be approximately $90 million - should be spread across New England's customer base, rather than borne solely by customers in Maine. With the route selected, Bangor Hydro must now obtain regulatory approval permits from the Maine Department of Environmental Protection and a certificate of public convenience and necessity from the Maine Public Utilities Commission. In addition, NB Power will need to receive permits for its portion of the project in Canada. The goal is for the new line to commence operations by the end of 2006.

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