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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

Covanta Energy Plans to Develop Energy-from-Waste Plant in Wales

LCG, January 30, 2009--Covanta Energy announced that it plans to construct a 70-MW power plant in Merthyr, Wales that will used waste as fuel. The target date for operations to begin is 2014.

The project, Brig y Cwm, will consume approximately 825,000 tons of waste per year. The estimated cost of the plant is approximately $570 million, and the project will be financed, built, owned and operated by Covanta Energy.

Covanta Energy is expanding its investments in biomass projects across the United States. In December 2008, Covanta announced that it had completed its acquisition of two biomass energy facilities in Maine. The two facilities, located in West Enfield and Jonesboro, have a combined capacity of 49 MW.
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