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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

Regulators to Probe Rising CostsFor Silicon Valley Wires Upgrades

LCG, Aug. 24, 2001--The California Public Utilities Commission voted yesterday to hold hearing into the soaring costs that threaten plans by Pacific Gas & Electric Co. to make much-needed improvements to power transmission facilities serving Silicon Valley.

Sarah Thomas, a CPUC administrative law judge, warned earlier this month that the rising costs would delay PG&E's project. She said existing facilities "will be insufficient to meet demand as early as summer 2002, and it will take PG&E some time to build the project."

Silicon Valley, the heart of the U.S. high-tech industry, is a 40-mile stretch of the San Francisco Peninsula, beginning at Palo Alto in the north and extending just beyond San Jose in the south. PG&E has planned improvements which would include a new 7.3 mile, 230 kilovolt transmission line, a new switching station and some other upgrades.

But the company says that a change in the route from its recommendation and a new requirement that the line be underground, with cable that must be ordered from France, have more than doubled the cost of the project to $182 million, a big hit for a utility that finds itself in bankruptcy court.

PG&E faces a similar transmission upgrade in the Tri-Valley area, a region on the east side of the Oakland Hills that has several fast-growing suburbs and a high-tech industry that spilled over from Silicon Valley.

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