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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

Ukraine Struggling to Complete Nukes

LCG, May 1, 2002-Ukraine is waiting for international assistance to close the Chernobyl plant and built replacement generation.

On Monday, the Parliamentary Assembly of the Council of Europe asked Western nations to implement the 1995 agreement to provide funding in order that Ukraine decommission the Chernobyl station and build two new reactors.

Chernobyl was shut down permanently in 2000 and the reactor was encased in a sarcophagus, which is reportedly suffering from sizeable gaps. Experts worry about radiation leaks, and Ukraine has been waiting for assistance to complete disassembly.

Two western Ukraine reactors, at Rivne and Khmelnitsky, also lay unfinished, as the European Bank of Reconstruction and Development postpones a dlrs 215 million loan.

Ukraine's government has asserted it requires dlrs 1.5 billion, while Russian specialists have said between dlrs 500 and 600 million. However, no money has been given as yet.

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