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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

Duke Files for New IGCC Project in Indiana

LCG, September 8, 2006--Duke Energy Indiana and Vectren Energy Delivery of Indiana have filed an application for "Certificates of Public Convenience and Necessity" (CPCN) with the Indiana Utility Regulatory Commission to build a coal-fired, electric generating station that would employ an integrated gasification combined cycle (IGCC) design.

The proposed project would have a capacity of approximately 630 MW and would be built at Duke'sexisting Edwardsport generating station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.

The IGCC design includes coal gasification, with the gas created from the coal passed through a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2.

Duke and Vectren have commissioned GE Energy and Bechtel Corporation to develop an engineering and design study for the plant, which is expected to be completed by the second quarter of 2007. Given favorable plant economics and regulatory review, construction could commence as early as mid-2007.

The application with the Commission is another positive step forward for this project. In September of last year, Cinergy - which was acquired by Duke - announced that it would start the preliminary engineering and design of an IGCC generating station in partnership with Vectren Corporation and that they planned to use GE Energy and Bechtel Corporation for the preliminary engineering study.










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