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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

Newsmakers

Three Changes on KeySpan Board This Weekend
KeySpan Corp. said last Friday that three new members had been elected to its board of directors to replace Vincent Tese, who is resigning, and George Bugliarello and Basil A. Paterson, whoare retiring, effective December 31. The new directors are:

  • Andrea S. Christensen, a partner with the law firm of Kaye, Scholer, Fierman, Hays & Handler.

  • Vicki L. Fuller, a senior vice president of Alliance Capital Management Corp.

  • James L. Larocca, an adjunct professor at Long Island University and a former Energy Commissioner of New York State.

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