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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

Santee Cooper Suspends Development of Coal-fired Power Plant in South Carolina

LCG, August 25, 2009--The board of Santee Cooper, South Carolina's state-owned electric and water utility, yesterday voted unanimously to suspend efforts to construct a 600-MW, coal-fired electric generating station in Florence County, South Carolina.

Santee Cooper identified three, primary reasons for discontinuing its efforts towards building the Pee Dee Energy Campus. First, the recession has reduced overall demand for electricity. Second, proposed federal government regulations regarding carbon emissions would significantly increase the operating costs of the coal-fired power plant. Third, Central Electric Power Cooperative, Santee Cooper's largest customer, plans to gradually reduce its reliance on using power supplied by Santee Cooper beginning in 2013.

The Pee Dee Energy Campus was scheduled to commence operations in 2012.
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