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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

Cal-ISO Calls 'Stage 2' Power Emergency for Third Day

LCG, Nov. 16, 2000--The California Independent System Operator yesterday declared a "Stage 2" power emergency, forcing the state's utilities to shed load for the third straight day. The ISO said it would need customers with interruptible service contracts to reduce demand by 1,400 megawatts late yesterday afternoon.

All summer, Cal-ISO scrambled to find 44,000 megawatts of power and this week it is having trouble coming up with 33,000 megawatts because about 12,000 megawatts worth of power plants are shut down for maintenance and repair after running non-stop for several months.

The problem was exacerbated by a cold snap early this week that boosted demand by customers who use electricity for heat. The cold weather also affected the Pacific Northwest, reducing the amount of power that was available for import to California.

In addition, at this time of the year the streams of the Sierra Nevadas are nearly dry, reducing the amount of hydroelectric power available in the state.

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