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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

Top Officials at CA ISO Resign

LCG, June 4, 2004--The chief executive of the California Independent System Operator resigned this week, as did Elena Schmid, who served as the vice president of corporate and strategic development.

Terry Winter was formerly an executive at San Diego Gas & Electric Co., and experienced criticism when he sought a Federal Energy Regulatory Commission ruling to abandon wholesale price caps, so that more suppliers would bid to sell electricity to California. Winter said that he was under no pressure from Gov. Schwarzenegger or the Board of Governors of the ISO to resign.

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