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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

Virginia City Hybrid Energy Center Achieves Major Project Milestone

LCG, November 16, 2011--Dominion Virginia Power, a subsidiary of Dominion, announced that it started one of two boilers last Thursday at its Virginia City Hybrid Energy Center in Southwest Virginia. Construction on the 585-MW, baseload power project began in June 2008, and the facility is scheduled to commence commercial operations by next summer.

"First fire is a major milestone for the Virginia City project and signifies a shift from construction to a station focused on excellent operations," stated the chief executive officer of Dominion Generation, which operates power plants for Dominion Virginia Power.

The Virginia City Hybrid Energy Center includes two circulating fluidized bed (CFB) boilers designed to burn coal, waste coal and up to approximately 20 percent biomass (wood chips). The estimated cost of the project is $1.8 billion.

A condition of its air emissions permit is that Dominion will convert the oldest-coal burning power station in its fleet from coal to natural-gas, which will result in significant net reductions in various air emissions, including carbon-dioxide.

Dominion has made a commitment to have 15 percent of its electricity come from renewable sources by 2025.
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