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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

California ISO Sets New Implementation Date for the Market Redesign

LCG, January 26, 2006--The California Independent System Operator (California ISO) announced yesterday that it will defer the implementation date for its Market Redesign and Technology Upgrade (MRTU) program. The implementation date is being pushed back from February 1, 2007 to November 1, 2007.

Drivers of the delay include software revisions, such as those necessary to incorporate new resource adequacy rules set by the California Public Utilities Commission, and a new assessment of the effectiveness of the program's project management. The budget for the program has also been increased by approximately $30 million.

The objective of the MRTU program is to improve the electricity market structure in California to enable an efficient, competitive, robust market to evolve. The primary elements of the MRTU include the Integrated Forward Market, Full Network Model, and Locational Marginal Pricing (LMP). Implementation of the MRTU will generally create day-ahead and real-time markets similar to those currently operating in the northeastern United States. In conjunction with the market design changes, the MTRU includes a major overhaul of computer systems and infrastructure. The revised budget for the MRTU program is now $170 million.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service