Biden administration will lend $1.5B to restart Michigan nuclear …
Mar 28, 2024 · The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday, March 27, 2024. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it.
HOLTEC PALISADES - Department of Energy
In September 2024, the Department of Energy announced the closing of a $1.52 billion loan guarantee to Holtec Palisades, LLC (Holtec Palisades) to help finance the restoration and resumption of service of an 800-MW nuclear generating station in Covert Township, Michigan.
Company seeks first-time restart of shuttered nuclear plant
Apr 26, 2023 · Holtec Decommissioning International bought the Palisades Nuclear Generating Station last June for the stated purpose of dismantling it, weeks after previous owner Entergy shut it down. Fuel was removed from the reactor core.
Shuttered Michigan nuclear plant moves closer to reopening …
Sep 13, 2023 · If it begins generating power again, Palisades would be the first shuttered nuclear power plant to do so. Holtec bought the former Palisades Nuclear Generating Station in Covert Township in June 2022 for the stated purpose of dismantling the plant after previous owner Entergy shut it down weeks earlier.
Michigan nuclear plant finalizes federal loan to support first …
Sep 30, 2024 · Palisades would be the first reactor to restart in U.S. history, blazing a trail for Three Mile Island to potentially come back online in 2028. Owner Holtec International plans to restart the plant...
Palisades Nuclear Plant on Path to Recommissioning by 2025
Mar 27, 2024 · Palisades Power Plant is a single-unit pressurized water reactor nuclear station with a capacity of about 800 MW. Courtesy: Entergy. The project aims to bring the single-reactor unit back into...
Company seeks first-time restart of shuttered nuclear plant in …
Apr 27, 2023 · If successful, Palisades would become the first U.S. nuclear reactor to restart after its fuel has been removed and its license revised to prohibit further operation, Burnell said.
With Palisades and Three Mile Island units set to restart, could …
Oct 22, 2024 · Restarting Palisades, TMI-1 and Duane Arnold would bring 2,236 MW of conventional nuclear generation back onto the grid to meet escalating power demand from data centers, high-tech manufacturing...
Michigan's Palisades nuclear power plant to restart after ... - CBS News
Mar 27, 2024 · The federal government will provide a $1.5 billion loan to restart a nuclear power plant in Covert, Michigan, officials announced Wednesday.
Shuttered Michigan Palisades nuclear plant to reopen, making …
Mar 28, 2024 · Federal funding announced Wednesday will support the reopening of the Palisades nuclear facility, and in the next few years, it's poised to rejoin the ranks of the more than 50 nuclear...