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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

Reuters Ranks Big Power Companies Worldwide

LCG, April 11, 2001When Germany's Eon announced its planned takeover of Britain's Powergen earlier this week, it said it would create the world's largest investor-owned electricity and gas utility when measured by market value.

Market value depends on the current trading price of a company's stock, so Reuters decided to rank the top dozen by sales of power, measured in megawatt-hours, and threw in government-owned utilities as well.

Here is Reuters' top twelve:

  1. RAO-UES of Russia (government-owned)
  2. Electricit de France (government-owned)
  3. Eon plus Powergen
  4. Tokyo Electric Power Co.
  5. Enel of Italy (government-owned)
  6. American Electric Power Co. Inc.
  7. RWE of Germany
  8. The Southern Co. of the U.S.
  9. TXU Corp. of the U.S.
  10. Endesa of Spain
  11. Electrobras of Brazil (government-owned)
  12. Scottish Power
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