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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

California Re-regulation Likely to Reverse Under Schwarzenegger

LCG, Oct. 10, 2003--California Governor-elect Arnold Schwarzengegger favors more emphasis on an open power market than outgoing Gov. Davis, and will likely try to encourage investment in new generation and transmission infrastructure for the state.

One of the changes to state policy enacted in the past year was the demise of directly negotiated contracts between energy suppliers and large customers. Schwarzenegger's position statements and comments by aides signal that he would favor allowing such contracts again. He would also reportedly try to bring about greater diversification of fuels used by new generating plants, to lessen price volatility associated with natural gas.

Under Schwarzenegger, cooperation with other states on grid connections and long-term planning could also receive greater attention.

California's experience with market manipulation have caused California regulators to move in the direction of a possible role for the state's major utilities in making long-term arrangements for access to dedicated generating units, as in the traditional regulated model. Schwarzenegger is unlikely to make utilities or the state responsible for a greater share of generation, and instead favors better policing of electricity markets to prevent manipulation.
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