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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

Winston-Salem Plant on Drawing Board

LCG, July 2, 2002--CME North American Merchant Energy LLC last week announced plan to develop an 800-megawatt baseloaded, combined-cycle plant on the southern edge of Winston-Salem, N.C.

If air- and water-quality permits are granted, construction could begin near the end of 2003. Michael Casper, a site developer for CME, said "It is needed and with the shift from coal-fired to newer plants, it will benefit the area because there will be less emissions."

Construction would be expected to last from 18 to 24 months. The gas-fired plant would be sited within a 55-acre, industrial-zoned area.
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