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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

Midwest ISO Files Document on Market Implementation

LCG, Apr. 1, 2004--The Midwest ISO yesterday filed a document with the Federal Energy Regulatory Commission, revising an earlier tariff proposal it submitted last July.

The filing reflects the result of lengthy negotiations among ISO members and stakeholders, and includes rules for Day-Ahead and Real-Time market functions, as well as Locational Marginal Pricing (LMP) and Financial Transmission Rights (FTR's). According to the filing, the Midwest ISO would assume the responsibility for centralized dispatch, and for the energy markets and load requirements. Established control area functions would continue to be overseen by Local Control Area Operators, who would use price signals from the ISO itself.

Jim Torgerson, president and CEO of the Midwest ISO, said, "This filing, upon acceptance by the Commission, will implement a market that will improve congestion management on the grid and produce consumer savings through the system-wide dispatch of generation throughout the region."
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