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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

State of Pennsylvania Leads Nation in Green Power Purchases

LCG, August 30, 2006--The State of Pennsylvania announced yesterday that it has doubled its purchases of green electricity and is now the largest state purchaser of green power in the nation. Pennsylvania will now purchase 200 MWh per year of energy from clean, renewable resources that do not produce emissions.

To achieve this status, Pennsylvania modified an existing power purchase agreement with Community Energy, Inc. (CEI). The agreement requires that 40 percent of the power supplied is generated from wind resources and 60 percent is from hydroelectric resources. The annual energy purchase of 200 MWh is equivalent to 20 percent of the state government's electricity requirement, and the energy will be purchased "at a premium rate of only 0.34 cents per kilowatt hour."

CEI was purchased in May 2006 by the Spanish firm, IBERDROLA, an international energy company that owns and operates renewable energy facilities around the world. IBERDROLA is also largest shareholder in the Spanish wind company, Gamesa Corp., which recently chose to base its North American headquarters in Pennsylvania.






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