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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 England Experiences Heavy Outages

LCG, Nov, 18, 2002--Much of northwestern Connecticut and other parts of New England were without power this morning, following damage to power lines caused by a powerful nor'easter yesterday.

The number of people affected reached as high as 130,000, before dropping to an estimated 58,000 still without power this morning. Representatives for Connecticut Light & Power projected that it would be Wednesday before some residents in remote areas would have power restored.

The storm became more and more damaging as it began in the Carolinas as a rainstorm, before producing snow and ice on its way north through New England. Trees unable to carry the weight of ice and snow brought down transmission lines with them.

Long Island experienced heavy damage, with New York residents experiencing power outages still numbering about 26,000 this morning. Seven inches of snow fell in the Catskill and Adirondack mountains.

In Maine, where snow was already falling on Sunday morning, crews are making slow progress restoring power as those without heat depend on warmth in emergency shelters. "There are a lot of small problems scattered about so it tends to be very labor-intensive and slow-going," said Central Maine Power's Gail Rice, speaking with the AP.
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