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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

Duke's IGCC Project Clears Regulatory Hurdles

LCG, January 8, 2009--Duke Energy's proposed integrated gasification combined cycle (IGCC) project yesterday received favorable rulings from the Indiana Utility Regulatory Commission (IURC). The revised cost estimate of $2.35 billion, which reflects a $365 million dollar increase, was approved by the IURC, together with a proposed study regarding carbon emission capture and sequestration.

The coal-fired, IGCC project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new, 630-MW power plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, will be retired. Construction on the project commenced last year and is scheduled for completion in 2012.

With the IGCC design, synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming. Duke's study will explore capturing and storing carbon dioxide permanently in underground geologic formations.

Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the IURC to build the plant in September 2006. In November 2007, the IURC directed Duke to develop carbon capture and storage studies for the project, and Duke filed its plans in May 2008, together with the $365 million cost increase request.
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