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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

Peabody Energy Signs Customers for Midwest Plant

LCG, July 20, 2004--A number of Midwest rural electric cooperatives and municipal agencies, including Indiana Municipal Power Agency, the Missouri Joint Municipal Electric Utility Commission, and Wolverine Power Supply Cooperative in Michigan, have executed a letter of intent with Peabody Energy to acquire partial interest in the Prairie State Energy Campus in Washington County, Illinois.

The agreement calls for the group to own about one-third of the 1,500 MW project, which includes coal reserves, a generating plant and output. The project is one of two, similar coal projects that Peabody Energy is currently developing in the Midwest. Peabody hopes to start construction next year and commence operations in 2008 or 2009.

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