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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

NRC Extends Operating License for Entergy's Vermont Yankee Nuclear Plant

LCG, March 23, 2011--The U.S. Nuclear Regulatory Commission (NRC) issued on Monday a 20-year license extension to the Vermont Yankee nuclear plant, a 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

Entergy's ability to extend the operating life of the plant remains somewhat uncertain, as Entergy apparently agreed to seek state approval to extend the life of the plant when the facility was acquired. Last year, the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing.

The recent earthquake, tsunami, and related challenges to control nuclear plant operations in Japan have elevated the concerns. A Vermont representative stated, "The radioactive release in Japan is the result of inundation by water.... We may be a seismically inactive area but we do face the power of water if nature decides to inundate the Vermont Yankee plant. Is it-- and the emergency support systems around it-- up to the task of protecting the people of Vermont?"
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