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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

NRC Optimistic About Restarting TVA's Browns Ferry Nuclear Reactor

LCG, November 2, 2006--The chairman of the Nuclear Regulatory Commission (NRC) stated Tuesday that restarting Unit 1 at Browns Ferry Nuclear Plant in May of next year appears quite "doable." The reactivation of Unit 1 will add 1,200 MW of capacity to the generating fleet of the Tennessee Valley Authority (TVA).

TVA is the owner and operator of the plant, which is located beside Wheeler Reservoir on the Tennessee River, near Athens, Alabama. There are three General Electric boiling water reactors at the plant. Unit 1 commenced commercial operation on August 1, 1974, but safety concerns led to its closure in 1985. Units 2 and 3 were also closed for a period but returned to operations in the late 1990s and are currently generating power.

TVA plans to restart Unit 1 in May 2007 following plant upgrades that are estimated to cost $1.8 billion.

The TVA Board voted to return Browns Ferry Unit 1 to service in May 2002.




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