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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

PSEG's Bethlehem Energy Center Commences Operations

LCG, July 19, 2005--Commercial operation of PSEG Power's new Bethlehem Energy Center began yesterday. The gas-fired power plant is located along the Hudson River, three miles south of Albany, New York and is built on the site of the Albany Steam Station, which was retired in February.

The Bethlehem Energy Center is a combined-cycle power plant with a generating capacity of 750 MW that is based upon the output from a GE Frame 7F system. Construction on the plant, acquired from Niagara Mohawk, began in mid-2002.

The new, $500 million plant attracted support from environmental organizations because of its design. The plant will significantly reduce air emissions relative to the old, 376 MW, oil-fired plant. The new plant employs a closed-loop cooling system that will considerably reduce water consumption from the Hudson River.

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