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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

Ohio Issues Status on Retail Electric Competition

LCG, April 4, 2001--The first three months of "electric choice" have brought few shopping choices but welcome consumer protection standards for Ohio's residential electric customers, according to state Consumers' Counsel Robert S. Tongren.

In a report issued today on the status of retail electric competition in Ohio and its impact on the state's residential consumers, Tongren noted that "competition has been slow to develop, choices have been slow to materialize and savings have been slow to accumulate," residential consumers are benefiting in other ways.

Though alternative providers of electricity have not swamped householders with offers, "it's equally true that they aren't being subjected to the kind of risks that Californians are facing," said Tongren. "From our perspective at the Ohio Consumers' Counsel, that's a fair and reasonable trade-off."

Tongren warned out-of-state businessmen that Ohio will not tolerate "market abuses such as thoseseen in California. We will react swiftly and forcefully to ensure the continued integrity of Ohio'scompetitive electric marketplace to protect the interests of the state's residential consumers."

Forty-nine other states are making hay on California's pasture.

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