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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

Utah PSC Authorizes Lake Side Power Project

LCG, November 16, 2004--Utah Public Service Commission authorized PacifiCorp and its regulated affiliate, Utah Power, to proceed with the construction of the 534-MW Lake Side Power Project. The gas-fired project will be located northwest of Provo near Vineyard, Utah and is estimated to cost $330 million.

The Lake Side Power Project will be built by Summit Energy, with a target completion date of 2007. The plant will be owned and operated by PacifiCorp.

In March of this year, the Commission also approved Pacificorp's 525-MW, gas-fired Currant Creek power project, which was estimated to cost $345 million. Both plants are expected to be included in PacifiCorp's ratebase.

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