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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

California Town's 43-MW Power Plant Operational

LCG, Aug. 18, 2003--The Agua Mansa Power Plant, built for the city of Colton, Ca., by energy services firm NORESCO, has been completed, and is intended to "stabilize [the town's] power supply costs, while ensuring reliability," Daryl Parrish, the city manager, said.

The 43-megawatt plant consists of a General Electric LM 600PC Sprint turbine, which will operate in simple-cycle, burning natural gas. City officials decided to build Agua Mansa to lessen exposure to power market price volatility. Colton's power purchase agreements were also nearing their end.

The financial capital for the plant came through the issue of municipal bonds by the city's financing authority.
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