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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

New York Governor Looks for Options to Indian Point

LCG, September 27, 2011--New York Governor Andrew Cuomo believes that the carbon-free power generated by Indian Point Energy Center, a nuclear power plant located on the Hudson River about 24 miles north of New York City, can be replaced by other electric generating sources.

Following the earthquake and tsunami in Japan last March and the subsequent issues at the Fukushima Nuclear Power Plant, nuclear plants in the United States, especially those located near large population centers, have been under increased scrutiny.

The Governor recently stated, "There is no doubt that we need replacement power if we are to close Indian Point. There is also no doubt that we can find it....We can retrofit old plants, we can site new plants, we can improve transmission lines. So if we want to find replacement power, we can."

The Indian Point Energy Center, owned by Entergy, includes two nuclear units with a combined generating capacity of 2,069 MW. The 40-year operating licenses for the two units are scheduled to expire on September 28, 2013 and December 15, 2015, respectively, and Entergy has applied for 20-year extensions for both units.
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