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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

Nevada Power Allowed One-Month Rate Increase

LCG, May 24, 2002--The Nevada Power Co. will be allowed a one-month charge of one cent per kilowatt-hour in order to speed payments on power purchases and improve its cash flow heading into the summer.

The charge, which will increase bills for residential customers by $12 on average, was advocated by the chairman of the state Public Utilities Commission, Don Soderberg. Soderberg said that the charge, which will not increase the company's revenue, will reduce future interest payments for power purchases by $2.5 million.

Bond and credit ratings for Nevada Power have suffered after the rejection of a $922 million rate case, with half of that rate increase being approved. Critics of the utility had said that long-term purchases made in 2001 during the Western power crisis were contracted at too high a price.

Soderberg deflected criticism from state consumer advocate Tim Hay, who said the Bureau of Consumer Protection was "surprised by what appears to be an arbitrary decision by the commission" to speed payments on outstanding power bills. The PUC chairman said that although the charge was meant to give the utility a "shot in the arm" to avoid possible Chapter 11 bankruptcy, he would not consider a similar charge for the late summer months of July and August, when consumer bills will be high due to increased power usage for air conditioning.
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