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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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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

Californians on Power: 'What, Me Worry?'

LCG, Dec. 26, 2000-The California Independent System Operator declared electric power emergencies all week last week, as it has been doing seemingly without interruption since May, but Californian's haven't seemed to get the message.

Northern California's big investor-owned utility, Pacific Gas & Electric Co. has been forced to dig itself into a financial hole approaching $5 billion by paying market prices for electricity that it then sells to its retail customers at rates frozen at a level 10 percent below 1997 rates. Californians seem not to care how much power costs, as long as someone else pays for it.

The San Francisco Chronicle last week provided its readers with a photograph that illuminates the problem. Taken by Chronicle photographer Frederic Larson from Treasure Island, the photo shows the city's downtown ablaze with millions of lights.

Ten 100-watt light bulbs add up to a kilowatt. Ten thousand add up to a megawatt, and so on. That splash of light on the pier at lower right looks like about 10 megawatts, and a pier doesn't need to be lit up like that.

Larson's photograph was intended to convey holiday spirit, but you get the picture.

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