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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

Eastern Heat Wave Ends; Storms Disrupt Power

LCG, Aug. 13, 2001--A week-long heat wave in the U.S. Northeast came to an end Friday with very few disruptions of electric power despite record temperatures being set almost everywhere. But the storms that cooled the countryside did plenty of damage.

Gale force winds, rain and lightning roared through the region, leaving a trail of fallen power lines and disrupting electric service to more than 100,000 customers.

On Long Island, more than 9,000 lightning strikes were detected during a storm that began around 3:30 Friday afternoon. More than 60,000 households lost power. Another 20,000 customers saw their lights blink out in Brooklyn, Westchester, Staten Island and the Bronx.

In Connecticut, almost 40,000 lost power and another 11,000 in New Jersey were hit. In Philadelphia, at least 40,000 were affected by outages and thousands more in Boston.

Michael Clendenin, a spokesman for Consolidated Edison Co. of New York, said "In most cases it's lightning or wind or both striking power lines," he said. "We have dozens of reports of lightning strikes and wires being blown down or a combination of the two."

While the Northeast weathered the heat with minimum power disruptions, it wasn't as lucky in weathering some real weather.

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