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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

Jordan and Indonesia Work Together on Energy Projects

LCG, April 22, 2002-Officials from Jordan and Indonesia met to discuss oil, gas, electricity, and mineral resources projects.

According to the Jordanian Petra News Agency, Indonesian Energy and Mineral Resources Minister Purnomo Yusgiantoro and Jordanian Energy Minister Mohammed Batayneh discussed cooperative endeavors in energy-related projects, including the Risheh gas field near the Iraq-Jordan border.

The Indonesian company Golden Spike plans to formalize a four-year contract with Jordan's National Petroleum Company, which generates about 12 percent of Jordan's electricity. The contract will include Indonesia in Jordan's development of the Risheh gas field; National Petroleum hopes to bring oil production to 150 million cubic feet per day by the end of the contract period.

Currently Indonesia, the world's fourth most populated country, produces 1.2 million barrels in crude oil per day and therefore has valuable oil exploration experience to contribute to Jordan's efforts.

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