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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

Enron Sending U.S. Families Out of India

LCG, May 9, 2001U.S. energy firm Enron Corp. is sending families of American employees at its Dabhol Power Co. project in India's Maharashtra state out of India, the Times of India said this morning.

Children of Dabhol's U.S. workers have been pulled out of the American School in Bombay and, with other dependents, were being relocated to Singapore. Security around the Americans has also been tightened and bodyguards assigned to senior executives, the paper said.

The moves could be an indication that Enron was getting ready to pull out of the nearly finished $2.9 billion Dabhol project. The newspaper said the precautions involving American citizens were taken because "there is likely to be a tremendous backlash against representatives of the U.S.-based energy company" if it terminates the project.

The Times of India said something on the order of 15,000 jobs would be lost in Maharashtra if Enron pulls out.

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