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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

Jamaica Bay Energy Center Operational

LCG, July 7, 2003--New York's Long Island Power Authority will have an additional 54 megawatts of generating capacity from the Jamaica Bay Energy Center, developed by FPL Energy, LLC, the subsidiary of FPL Group.

The generating unit will serve primarily during peak demand periods, and is located in the borough of Queens, New York. According to Long Island Power Authority chairman Richard M. Kessel, "Demand for electricity in the Rockaways has increased dramatically in recent years. FPL Energy's new Jamaica Bay Energy Center will help LIPA meet that ever-growing demand, especially as some very impotant local redevelopment projects come to fruition in the near future."

The plant has dual-fuel capability, and like FPL's adjacent Bayswater Energy Center, will sell its output to the Long Island Power Authority under long-term contract.
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