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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

Enron Gas Trader Gets Prison Sentence for '98 Misdeed

LCG, August 19, 2002-An ex-Enron employee was sentenced to over 3 years in prison for misdirecting gas revenue.

Steven Gary Todoroff, a former director of marketing and trading at Enron Corp.'s EOTT Energy Corp., arranged an exchange of 100,000 barrels of butane between EOTT and Petrogas Inc in December of 1998.

The 100,000 barrels of butane in question were then redirected to a company that Todoroff owned, and the barrels sold for nearly $1 million. Todoroff deposited the subsequent money into a personal account.

Replacement barrels then had to be bought by EOTT at a cost of $3 million to meet the contract with Petrogas in 2000.

Todoroff pleaded guilty in May. Last Friday U.S. District Judge Sim Lake sentenced the 47-year-old to more than three years in prison in addition to ordering Todoroff to refund the $3 million to EOTT.

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