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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

Corona Gives Up Municipal Utility Dreams For Now

LCG, May 8, 2003The Southern Californian city of Corona has decided to give up trying to buy electricity distribution infrastructure from utility Southern California Edison.

Corona, burnt over what it calls unreasonably high electricity prices, has been trying to start its own, complete municipal utility district. It began establishing a municipality in 2001.

In October the city filed an eminent domain complaint in order to take over power lines and substations currently owned by Southern California Edison. Around the same time, Edison had announced that these assets were not for sale.

City council members decided to withdraw their bid because of legislation pending in Sacramento, Edisons application for rate reduction, and budgetary constraints. The city council voted unanimously to resolve litigation with the utility yesterday.

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