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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

Cinergy Plans Voluntary Emissions Reductions

LCG, Sept. 10, 2003--Cinergy Corp., which is one of four electric utilities selected by the Bush administration to participate in discussions of voluntary emissions reductions, has said that it has set a goal of 5% reductions in its carbon dioxide and other "greenhouse gas" releases by 2012 at the latest.

The company, which owns a significant number of coal-fired electric generation assets, is being advised by the non-profit Environmental Defense, and has earmarked roughly $21 million to determine how it will achieve the reductions. Cinergy's existing power plants would likely be upgraded for greater efficiency, while demand reduction programs based on incentives could also play a role. Further reductions could come from offset programs, which would absorb carbon dioxide through tree plantings or agriculture.

According to officials at the Environmental Protection Agency, 35 participants in its voluntary reduction programs are studying possible implementation of yet-to-be-announced reduction programs, while 11 have outlined their own targets. Dupont, which is recognized as having achieved the most significant reductions (greenhouse gas output is down 68% for global operations, and 40% domestically relative to 1990 levels) is holding its energy consumption at 1990 levels, saving $2 billion in the process.
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