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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

FERC May Create Boundaries for RTO's

LCG, May 31, 2002--Federal Energy Regulatory Commissioners are concerned about utilities joining regional transmission organizations far from where they are geographically situated.

PJM Interconnection and the Midwest Independent Transmission System Operator Inc. are beginning to solidify as RTOs, with the goal of developing a common market by 2005.

Midwest companies Commonwealth Edison, Illinois Power, and American Electric Power Co. Inc. plan to join the Northeast RTO PJM Interconnection.

While companies can choose the RTO to which they want to belong, FERC commissioners worry that the principles of natural markets and reliability might be overlooked.

FERC may consider creating incentives or regulations requiring RTO participants to join RTO's that are regionally logical and adjacent, although no specific intentions have been expressed .

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