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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

Dominion Begins Building Big Pennsylvania Plant

LCG, Dec. 21, 2001--Dominion Resources Inc. broke ground yesterday on a 1,200 megawatt, $800 million power plant called the Fairless Works Energy Center at the USX Industrial Park industrial center near Morrisville, in Bucks County, Pa.

The Fairless Works, the cold rolling and tin mill of once-mighty U.S. Steel, was named after Ben Fairless, president of the steel maker from 1938 to 1955.

On hand for the groundbreaking ceremonies were Pennsylvania Gov. Mark Schweiker and Thomas E. Capps, chairman, president and chief executive of Dominion Resources, presumably protected by hard hats.

Schweiker noted that Dominion Resources "was creating new jobs here, and investing in new generation, which will make our competitive electricity market even stronger."

When his turn came, Capps said "For Dominion, Fairless Works represents an important expansion to our portfolio of electric generation assets in the strategic Midwest-Northeast-Mid-Atlantic quadrant of the U.S. With the addition of this new facility to our existing fleet, we're increasing our footprint in a market that accounts for 40 percent of the nation's demand for energy."

Dominion Resources said in its announcement that demand for energy in the region is expected to increase by more than 12,000 megawatts over the next decade. That's 10 more power plants, just like the one they began building yesterday.

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