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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

Dominion Selects Mitsubishi for New Reactor in Virginia

LCG, May 12, 2010--Dominion Virginia Power announced Friday that it selected Mitsubishi Heavy Industry's Advanced Pressurized Water Reactor (US-APWR) design for its new nuclear reactor sited adjacent to the existing two reactors at the North Anna Power Station, located approximately 60 miles northwest of Richmond, Virginia.

Dominion's announcement stated that it has not yet decided to build a new nuclear unit at North Anna, but expects to make a decision later this year.

The Mitsubishi US-APWR design is now undergoing the Nuclear Regulatory Commission (NRC) certification process.

The chairman, president and chief executive officer of Dominion, the parent company of Dominion Virginia Power, stated, "Dominion Virginia Power is the first utility in the United States to conduct a competitive bidding process for new reactor technology in the past decade. We are pleased with the results of this process. Based on our final analysis of the proposals received in the competitive process, Mitsubishi provided the most attractive value for our customers."

In November 2007, Dominion received an early site permit (ESP) from the NRC for the new reactor. The ESP stated that the site is suitable for a third reactor and provided for a 20-year option for Dominion to consider adding the reactor. Dominion also filed an application with the NRC for a Combined Operating License (COL) to construct and operate the third nuclear reactor at the North Anna Power Station. When the application was filed, it was expected that Dominion would use the GE-Hitachi Nuclear Energy (GEH) Economic Simplified Boiling Water Reactor (ESBWR) design.
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