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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

PPL to Build 540 Megawatt Plant Near Chicago

LCG, April 24, 2001PPL Corp. said yesterday it plans to build a 540 megawatt simple-cycle, natural gas-fueled power plant near the University Park suburb of Chicago, at a cost of about $305 million.

"Increased demand for electricity in many areas of the United States is triggering an urgent need fornew generation sources," said William F. Hecht, PPL chief executive.

The plant will be built in an industrial park with close access to natural gas and high-voltage transmission lines. It will use 12 combustion turbines to produce power and will be equipped with advanced emissions reduction equipment, PPL said.

During construction, the plant will provide up to 150 jobs, the company said. Commercial operation is expected to begin by the summer of next year.

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