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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

NRC Kicks Back FirstEnergy's Application to Renew Operating License for Beaver Valley Station

LCG, March 29, 2005--The Nuclear Regulatory Commission (NRC) has determined that the application to renew the operating licenses of Units 1 and 2 at FirstEnergy Nuclear Operating Companys (FENOC) Beaver Valley nuclear power station is unacceptable for docketing. FENOC stated that it plans to revise the 1,500-page license renewal application (LRA) and to resubmit the LRA to the NRC this summer.

On February 9, 2005, FENOC submitted the license renewal application to the NRC, and the staff began its acceptance review to determine if the application is complete prior to initiating the detailed, technical review. The comprehensive document includes engineering reviews of plant equipment, components, structures and various programs. If granted, the renewal will extend the license to operate the plants by 20 years. The original, forty-year licenses were granted for Units 1 and 2 in the years 1976 and 1987, respectively. A spokesperson for FENOC stated that the situation is not urgent, as the current licenses for the two units do not expire until 2016 and 2027.

The NRC staff found numerous shortcomings in the application, which was three years in the making. The NRC staff identified sections of the application that were: overly general, lacking a basis for conclusions, inconsistent or provided insufficient explanations, lacked non-safety related structures and components scoping, inadequate information for severe accident mitigation alternatives (SAMA) analysis, lack of discussion of recent renewal review experiences, and technically incorrect information. A spokesperson for FENOC stated that revisions would be made after FENOC arranges for a new vendor to update the application.

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