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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

Weather Shuts Down Chernobyl - It May be the End

LCG, Nov. 27, 2000--The one working reactor at Ukraine's notorious Chernobyl nuclear power plant tripped off line this morning when snow, ice and wind caused transmission line failures, signaling a drop in demand to the reactor's control systems.

Energoatom spokeswoman Nadiya Shumak said the plant shut down at 6:00 a.m. following a failure or electricity lines connecting the plant with the city of Vynnytsya, about 100 miles southwest of Kiev.

Vadim Hyrshchenko, acting director of the Ukrainian nuclear regulator, said Chernobyl might stay shut down. Operators plan to restart the reactor on Saturday, but Hyrshchenko asked "Is it worth our while restarting the reactor if it will only work for a few days before being turned off forever?"

The winter weather brought misery to millions of Ukrainians whose electricity failed when the country's transmission grid was unable to stand up to snow, ice and wind. Nearly half of all homes in portions of western Ukraine were without power.

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