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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

Midwest ISO Seeks Independent Market Monitor

LCG, Oct. 16, 2000--The Midwest Independent Transmission System Operator Inc. announced Friday that it was seeking an independent third-party market monitor and had asked qualified firms to submit proposals by November 15.

"Using a third-party entity will ensure all participants that the markets the Midwest ISO operates in are analyzed consistently, fairly and without prejudice," said Matthew C. Cordaro, president and chief executive of the ISO.

In a news release, the ISO said it was looking for a monitor that could be independent, objective, non-discriminatory and knew how to keep proprietary information confidential.

The monitor would keep an eye on energy and capacity markets, generation market power indices, energy imbalance markets and congestion management mechanisms. The monitor will also collect data and analyze markets for potential indicators of market power such as withholding capacity or bidding hanky-panky.

"The operator (monitor?) will evaluate market participants to detect behavior that adversely affects (our) ability to provide reliable, efficient and non-discriminatory transmission service," Cordaro said.

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