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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

Now Fitchburg Gas Wants a 25 Percent Rate Hike

LCG, Sept. 28, 2000Fitchburg Gas & Electric Light Co., which less than two weeks ago asked Massachusetts regulators to approve a winter rate boost that would cost a typical residential natural gas customer $14.11 a month more than he is now paying, said yesterday that's not enough and asked for an increase the would add $30.07 to the householder's monthly bill.

Fitchburg said yesterday that it had "refiled" for a gas rate increase with the Massachusetts Department of Energy and Telecommunications and that the new filing replaces the more modest request of September 15.

Two weeks ago, the company said it needed an 11.5 percent increase, but news of rising wholesale prices for natural gas has prompted it to more than double the request to 24.5 percent. Even the company doesn't know where it will all end.

Mike Dalton, president of parent company Unitil Corp., said only "Natural gas supply pricing has escalated rapidly in a very short period of time."

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