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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

PSEG Begins 204 Megawatt Plant in Poland

LCG, April 23, 2001Public Service Enterprise Group of New Jersey said this morning is has begun building a 204 megawatt power and heating plant in Poland at an expected cost of $335 million.

The facility will be fueled by hard Silesian coal, plentiful in southern Poland. PSEG will finance construction from its own fund and a syndicated loan and expects to have the plant in operation in late 2003.

"PSEG wants to be a major energy supplier in Poland," said Michael Thomson, chief of PSEG's European unit at a news conference held in Chorzow, in the Silesian province of Katowice, where the new plant is being built.

PSEG, which owns Public Service Electric & Gas Co. of Newark, said it is also bidding to acquire a stake in a mid-size existing power plant from the Polish treasury and may bid on other offers which the government will make later this year.

Poland has said it would privatize 17 power plants and 33 electric distribution systems by the end of next year.

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