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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

Calpine Receives Local Support for Proposed Bay Area Power Plant

LCG, October 13, 2005--Calpine Corporation's (Calpine) proposal to trade land with the City of Hayward for a site to develop a new, gas-fired power plant was approved unanimously by the City Council in a vote Tuesday night.

The 600-MW project, known as the Russell City Energy Center, was proposed back in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. Now the energy outlook has changed, and California's thirst for electricity is growing. With the approval from the City Council, Calpine may trade 12 acres next to the city wastewater treatment plant for a 10-acres located nearby. The project, which would use water from the city's wastewater treatment plant for cooling, could be under construction by the summer 2007.

Calpine must obtain financing and amend and seek approval of its 2002-approved license from the California Energy Commission (CEC).

Winning local support for new power projects is an ever-growing challenge across the country, and Calpine's efforts included a planned $10 million contribution for a city library.

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