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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

Peco Upgrades Suburban Philly Gas Network

LCG, Nov. 15, 2001--Peco Energy Co. said yesterday it has completed 22 local projects in the Philadelphia suburbs to meet increasing demand for natural gas and improve service reliability.

The company said the projects involved replacement of underground gas mains in many of the region's older boroughs, installation of larger distribution facilities, increasing supply to ensure proper distribution pressure, and extension of new mains to serve growing communities.

The largest of the projects was the construction of a new gas gate station in Chester County, to expand gas supply to the southern end of the county. Gate stations connect the distribution network with nearby interstate pipelines and consist of pressure regulating, metering and odorization equipment.

Peco built a similar gas gate in the other end of Chester County last year and plans to build a third in Bucks County next year.

The company said it spent nearly $1.8 million in Montgomery County on 13 projects, completed two projects in Bucks County and finished "infrastructure upgrades" in Chester County.

Peco said that despite the investment, its natural gas rates will drop 29 percent effective December 1 after a formal rate decrease request was submitted to the state Public Utility Commission yesterday.

Peco delivers natural gas to 430,000 customers in Bucks, Chester, Delaware and Montgomery counties in southeastern Pennsylvania.

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