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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

Wind Projects Added to PG&E's Renewables Portfolio

LCG, April 28, 2005--Pacific Gas and Electric Company (PG&E) announced yesterday that it has submitted three new long-term power purchase agreements with wind farms to the California Public Utilities Commission (CPUC) for regulatory review. With the addition, PG&E expects to meet over 30% of its customers' electricity demands with renewable energy.

In total, the three contracts add 143-158 MW of renewable capacity to PG&E's supply portfolio and are a result of the company's Renewables Portfolio Standard (RPS) solicitation of 2004. The three, California wind farms are: FPL Montezuma, located in Solano County; Buena Vista, located at Altamont Pass; and Pacific Renewable, located near Lompoc. PG&E plans to issue another RPS solicitation this summer, with the goal of supplying another 1-2% of customer electricity demands with renewable energy.

The State of California's RPS Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal.

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