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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

Northeastern, Mid-Atlantic States to Begin Talks on Plant Emissions

LCG, July 25, 2003--Discussion on a possible cap-and-trade program for power plant emissions will begin between the states of New York, Connecticut, New Jersey, Vermont, New Hampshire, Delaware, Maine, Pennsylvania, Massachusetts, and Rhode Island, with an agreement envisioned by April 2005.

The talks were proposed by Gov. George Pataki, of New York. The responses from the states have varied, with some, such as New Jersey, looking at restricting multiple pollutants, rather than creating a market for credits for carbon dioxide alone, which is what is addressed by Pataki's proposal.

The director of the air and energy program of the Natural Resources Defense Council, Ashok Gupta, told the New York Times that the conservation organization is "hopeful that this will be the precursor to a national cap-and-trade program for carbon dioxide." Thus far, the Bush administration has not given support to a cap-and-trade proposal by Senators Joseph Lieberman, D-Conn., and John McCain, R-Ariz., but has asked industry to consider voluntary reductions of their emissions, in the belief that outright limits would cause economic harm. It has also asked for more research into the science of global warming. Aides to Gov. Pataki, a Republican, have said that the talks do not represent conflict with the administration's climate policy.

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