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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 Renews Operating License for Beaver Valley Power Station in Pennsylvania

LCG, November 6, 2009--The Nuclear Regulatory Commission (NRC) announced yesterday that it approved the renewal for 20 years of the operating licenses for Units 1 and 2 at the Beaver Valley Power Station in Pennsylvania. With the 20-year extension, the nuclear units are licensed to operate until January 29, 2036, and May 27, 2047, respectively. Units 1 and 2 went into operation in 1976 and 1987.

FirstEnergy Nuclear Operating Company, the operator of 1,815-MW Beaver Valley Power Station, submitted the application on August 27, 2007. The NRC performed safety and environmental reviews, of the two, pressurized-water nuclear reactors prior to approving the applications.

The NRC stated that the Beaver Valley licenses represent the 56th and 57th reactor licenses that it has renewed. Furthermore, there are now 13 applications for 20 units that are under review by the NRC.

























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