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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

Funds Provided for Evaluation of 9-MW, Offshore Wind Turbine

LCG, January 29, 2009--The Energy Technologies Institute (ETI) announced earlier this month that it will provide approximately $28.5 million to fund research for the an offshore, vertical-axis wind turbine with a targeted electric generating capacity of 9 MW.

The Aerogenerator is a V-shaped turbine designed to spin around a vertical axis to improve efficiency and stability in off-shore operations. The blades would rise approximately 115 feet into the air.

The goal of "Project Nova" is to develop a full-scale, pilot installation within six years. A consortium that includes, OTM Consulting, representatives from Cranfield, Strathclyde and Sheffield Universities, the Center for Environment, Fisheries and Aquaculture and SME Wind Power, will evaluate the feasibility of the Aerogenerator.

The ETI is a partnership between the UK government and private sector companies, currently including: BP, Caterpillar, EDF Energy, E.ON, Rolls-Royce and Shell.
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