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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

Romney Acts to Defer Cape Wind Project

LCG, November 11, 2005--Massachusetts Governor Mitt Romney has requested US Interior Secretary Gale Norton to defer a decision regarding the offshore wind project proposed by Cape Wind for Nantucket Sound. The Governor wants the Department of the Interior to first complete new regulations for an offshore renewable energy program that encompasses the nation.

The Energy Policy Act, which was passed this summer, transfers lead federal authority for the environmental review of offshore wind, solar and wave projects to the US Mineral Management Service, which is a branch of the US Department of the Interior.

The project developer, Cape Wind, has been pursuing government approval for four years. Prior to the passage of the Energy Policy Act, the US Army Corps of Engineers was reviewing the environmental aspects of the Cape Wind project, and the decision was anticipated this month. Now the Mineral Management Service will issue the environmental impact statement, incorporating the information prepared by the Corps of Engineers. The schedule for completing the environmental review is unclear at this time.

The proposed Cape Wind project would be constructed approximately five miles off the Cape Cod shore. The project includes 130 wind turbines, with a total capacity of 420 MW. Opponents of the project are concerned with the visibility of the wind farm and related impacts on the tourism, along with the potential for bird deaths.

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