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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

Ontario Reserves to Rise Slowly

LCG, Sep. 27, 2002--Ontario is expected to require significant imports of electric power for the rest of the current year as well as in 2003, due to continued outages at nuclear plants.

This conclusion concerning thin supply reserves was reached by the Ontario Independent Electricity Market Operator, which released its quarterly 18-month outlook early this week. The price of electricity rose significantly in the province during the summer, when high demand required a greater part of demand to be met with generation outside Ontario.

Of the two nuclear plants at which generators have been out for overhauls, four Pickering A units are thought to be returning to service at close to nine-month intervals. Each offers 515 megawatts. Ontario Power Generation owns the units as well as another group of reactors which is operational, Pickering B.

Two units at Bruce Power are expected to return to service by the summer of 2003, which would bring 1,700 megawatts online.
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