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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

Florida Power & Light Seeks to Expand Capacity at Two Plants

LCG, Jan. 15, 2002--Two existing sites in Martin and Manatee counties will be the focus of plans by Florida Power & Light to expand its Florida generation capacity.

According to a statement, the company wants to make the upgrades, which represent 1,900 megawatts of new combined-cycle, natural gas-fired capacity, by mid-2005. The Manatee plant, east of Bradenton on the state's west coast, would be expanded by 1,100 megawatts. At the Martin plant, gas-fired combustion turbines would be switched to combined-cycle technology, and two additional turbines would be added, for 800 megawatts of new capacity.

FPL selected expansion as superior to having to buy wholesale power from other suppliers. "Thanks to the arrival of a new natural gas pipeline on Florida's west coast, we also plan to use natural gas in combination with oil at our existing Manatee generating units," FPL president Paul Evanson was quoted as saying.

Referring to the Manatee plant, Evanson noted that by using natural gas in addition to oil, the company would be pursuing "the reliability of FPL's system by supporting our fuel diversity strategy."

In order for the projects to proceed, FPL will submit its proposals to the Florida Public Service Commission, and file necessary environmental certification applications.
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