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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

FERC Reiterates Rule on Transmission Interconnection

LCG, Mar. 3, 2004--A rule designed by the Federal Energy Regulatory Commission and first outlined in July 2003 was given further publicity today, based on the agency's interest in promoting and clarifying its position on non-discriminatory transmission access.

The specific area of the rule detailed by FERC concerns upgrades to transmission, and how much the provider may charge its interconnected customer. The provider has an option of charging a transmission rate that is the incremental cost for any upgrades associated with the interconnection, but it may also charge the average embedded cost rate across the transmission system. The agency is of the opinion that allowing the provider to charge the higher of those amounts would mean that existing transmission customers would not in effect be required to pay for new interconnections by merchant generators.

The rule affects close to 176 investor-owned public utilities owning, operating or controlling interstate transmission.
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