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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

Port Washington Plant Repowering Begins

LCG, Mar. 24, 2003--The planned repowering of the Port Washington power plant was to have proceeded this past weekend with demolition of its southern stack, making way for two new 500-megawatt gas generators.

We Energies, the Wisconsin gas and electric utility, has been planning an upgrade of the plant, which began in 1935 as a coal-burning, 348-megawatt facility. "This will be the most visible sign to date that we are making progress in our plans to upgrade the Port Washington Power Plant. Our Power the Future plan will ensure reliable, affordable electricity for our customers and this is an important step," Scott Patulski, vice president for fossil operations, said.

The ownership of the plant was to be retained by We Power, a new subsidiary of Wisconsin Energy. According to its original application, We Energies would lease the plant, and have a right to up to 20% of the power. Other co-owners that were listed are Madison Gas and Electric Co. and Dairyland Power Cooperative. Revenue earned by the plant could be used to offset rates paid by the utility's customers, according to a December ruling by the Public Service Corporation. At that time, the PSC also agreed to allow a 12.7% return on equity in the plant.
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