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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

Texas May Raise Energy Market Admin Fees

LCG, August 21, 2002-Ercot may raise wholesale power market fees by as much as 90 percent.

The Electric Reliability Council of Texas is considering increasing the fees applied to market players. The current administration cost is 22 cents per megawatt-hour, but this may be raised between 36 and 90 percent, according to Ercot chief executive Tom Noel.

The revenue from the fee increase would be dispensed to some 100 market improvement endeavors such as improved transparency. The projects will cost an estimated $100 million and would involve a 42 cent per megawatt-hour fee.

October will see more a more serious move to change in the Texas market as the Ercot board will vote on its budget and may also make changes to board seats, possibly adding members from outside of the Texas market.

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