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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

Utilities Act to Face Scrutiny in US Senate

LCG, July 30, 2003The 1935 Public Utility Holding Company Act, which limits investment of utility profits, will face possible repeal this week as part of a larger energy bill.

The PUHCA bill prevents companies that own utilities from using regulated utility profits to fund other, unregulated businesses. The bill was passed by Congress to fend off pyramid-type business practices common during the 1920s and 30s. At that time, huge utility holding companies manipulated electric rates and were not liable for the debts of their utilities. Some scholars believe this practice had a significant hand in the stock market plunge before the Great Depression.

Many industry experts see PUHCA as an outdated bill, essentially limiting utilities and preventing foreign and non-utility companies from entering the market. Others see the bill as essential for preventing utility holding companies from moving outside of regulators control.

Large utilities are clearly very interested in the repeal, and the Bush administration finds PUHCA a relic of the past. Several organizations, including the Union of Concerned Scientists, strongly oppose the repeal.

While the House already chose to repeal the act in April, the Senate will consider the bill sometime in the next few days. Republican Senators have insisted that an energy bill will be passed by the end of the week, even if discussion must go into the weekend.

The energy bill in question also includes, among other matters, natural gas drilling, energy market issues, ethanol use, and SUV fuel efficiency.

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