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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

Kyoto Protocols Toughest on Minorities, Report Says

LCG, July 10, 2000--A study released last week by the Center for Energy and Economic Development and supported by minority business groups warns that 864,000 blacks and 511,000 Hispanics would be thrown out of work if the U.S. Senate ratifies the Kyoto global warming treaty.The study also warned that putting the Kyoto protocols into effect in the United States would result in a 10 percent drop in income for the 25 million blacks and Hispanics lucky enough to keep their jobs.The report, Refusing to Repeat Past Mistakes, says Policymakers fail to recognize that the higher energy costs that will result if the Kyoto Protocol is implemented will disproportionately harm Americas minority communities, and place the economic advancement of millions of U.S. Blacks and Hispanics at risk.It points to independent research which shows that between 1.5 million and 3 million American workers could lose their jobs as a result of putting the Kyoto protocols into effect, and says a good portion of those workers would be minorities.Some seem to forget the harsh lessons that we learned in the 1970s when an inadequate energy policy resulted in economic devastation for millions within the black and Hispanic communities, said Oscar Sanchez, executive director of the Labor Council for Latin American Advancement, one of the groups sponsoring the study.
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