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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

New York State Okays 800 Megawatt Sithe Plant

LCG, Jan. 24, 2001Sithe Energies Inc. said this morning that the New York State Board on Electric Generation Siting and the Environment had granted in a certificate of environmental compatibility and public need for an 800 megawatt power plant proposed for the Town of Scriba near Oswego, N.Y.

The new facility, called Heritage Station, is a joint venture between Sithe and General Electric Co. and will use GE's latest gas turbine equipment. Construction is expected to begin this spring with commercial operation penciled in for 2004.

"This approval demonstrates that a collective effort among the electric generation industry, localresidents and public officials can contribute real solutions to New York's present and future electricityneeds," said Barry Sullivan, Sithe's vice chairman.

The new power plant will be built adjacent to Sithe's existing Independence Station in Scriba.

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