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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

ElectriCities Warns: Slow Down on Dereg

LCG, Dec. 21, 2000--ElectriCities of North Carolina Inc., casting an eye 3,000 miles west to California's trouble electricity market, urged lawmakers in its home state yesterday to study deregulation further before doing anything rash.

ElectriCities, which represents 72 community electric systems in North Carolina, said the state legislature's Study Commission on the Future of Electric Service in North Carolina "should conduct further studies as to the actual impact of deregulation on all segments of consumers before legislation proceeds."

This is a turnaround for the agency, which previously endorsed an aggressive approach to deregulation. Times have changed, ElectriCities said, because of:

  • Problems with deregulation in California and other states.

  • A rise in wholesale prices for natural gas.

  • Insufficient study on market domination.

  • The need for public hearings to determine actual utility stranded costs.

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