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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 IGCC Project Proposed in Idaho

LCG, March 11, 2005--Southeast Idaho Energy LLC is exploring the development of a new, 520-MW, coal-fired power station in Power County, Idaho. On March 9, Southeast Idaho Energy LLC formally outlined its plans at the Power County Courthouse to build a new, integrated gasification combined cycle plant. Those present included Idaho Governor Dirk Kempthorne, who is supportive of the project and the expected positive impact on the economy.

The proposed plant location, just west of Pocatello, is an industrial site that was formerly used as a phosphorus plant by FMC. Southeast Idaho Energy LLC has signed a letter of intent with Power County to begin the preliminary development, and FMC has signed a letter of intent to contribute 120 acres to the County for the project. The estimated cost of the advanced coal plant is $850 million.

The integrated gasification combined cycle (IGCC) plant design generally is expected to result in higher initial capital costs than more traditional coal or gas-fired power plants. However, these capital costs are expected to be offset over the long term by the improved efficiency, reduced emissions and relatively low fuel cost.

Other IGCC project proposals are surfacing across the country. Tondu Corp. is discussing with local officials the development of a new, 500-MW, IGCC power station in St. Joseph County, Indiana. Florida Power & Light is evaluating the development of an 850-MW, IGCC plant in St. Lucie County, Florida. Lastly, with a $38 million grant from the Department of Energy, Excelsior Energy, Inc. and ConocoPhillips are developing a new, 531-MW, IGCC plant to be located near Hoyt Lakes, Minnesota.

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