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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

Sheringham Shoal Offshore Wind Farm Opens

LCG, September 28, 2012--Statoil announced that the official opening occurred yesterday of the 317-MW, Sheringham Shoal Offshore Wind Farm, which is sited off the coast of Norfolk, England. Offshore wind power generating capacity for the United Kingdom (UK) now exceeds 2.5 GW.

The Sheringham Shoal Offshore Wind Farm is owned equally by Statoil and Statkraft through a joint venture, Scira Offshore Energy Limited, which will operate the wind farm.

The Statoil president and CEO stated, "Statoil has utilised competence from 40 years of offshore experience in the oil and gas industry to complete Sheringham Shoal Offshore Wind Farm. Together with our partner Statkraft we have benefitted from good cooperation with UK authorities, local communities and suppliers. I am proud to say that as a result of this joint effort, we are now able to provide 220 000 UK homes with green power for decades to come."

The wind farm includes 88, 3.6-MW wind turbines. Scira received approval from the UK approximately four years ago, and initial construction began about three years ago. To complete the offshore project, a number of challenges had to be overcome, and these challenges delayed the project completion and increased costs.
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