Biden-Harris Administration Bringing Back Clean Nuclear Energy …
WEBSep 30, 2024 · The Palisades Nuclear Plant, which ceased operations in May 2022, will be brought back online and upgraded to produce clean baseload power until at least 2051, subject to U.S. Nuclear Regulatory Commission (NRC) licensing approvals.
U.S. Approves Aid to Restart Palisades Nuclear Plant - The New …
WEBSep 30, 2024 · The moves will help Holtec International reopen the Palisades nuclear plant in Covert Township, Mich., which ceased operating in 2022. The company plans to inspect and refurbish the plant’s ...
First nuclear plant recommissioned in US history as part of $2.8bn …
WEBOct 1, 2024 · The Palisades Nuclear Plant, which ceased operations in May 2022, will be brought back online and upgraded to produce clean baseload power until at least 2051, subject to US Nuclear Regulatory ...
Nuclear power plant re-opening on track after approval of $1.5B …
WEB3 days ago · Vice President of Communications Casey Clark confirmed that the U.S. Department of Energy closed on a $1.5 billion loan to reopen the Palisades nuclear power plant in Covert Township. Re-opening ...
The US could bring a shuttered nuclear power plant back to life …
WEB6 days ago · The DOE gave the loan to energy technology company Holtec to reopen the Palisades nuclear power plant that shut down in 2022. As part of its plan exit the nuclear power business, utility...
United States approves $1.52B loan to restart Michigan's Palisades ...
WEBSep 30, 2024 · "Reopening the Palisades nuclear power plant is a foolish way to use $1.5 billion of state and federal funds while ratepayers incur even more costs." ... U.S. News // 12 hours ago.
United States Approves $1.52b Loan to Restart Michigan's Palisades ...
WEB5 days ago · The Biden administration said on Monday that a final deal had been made to give an energy company a $1.52 billion loan guarantee to bring a Michigan nuclear power plant back to life.. Holtec International agreed to refurbish and restart the Palisades nuclear plant in Covert Township, near the shores of Lake Michigan about 15 miles …
DOE closes on $1.5B loan to reopen Palisades nuclear plant - power …
WEBSep 30, 2024 · The plant was retired in 2022.) The U.S. Department of Energy (DOE) announced the closing of a loan guarantee of up to $1.52 billion to Holtec Palisades to help finance the restoration and ...
DOE finalizes loan for Palisades restart - Nuclear Engineering ...
WEB5 days ago · In April, DOE through its Loan Programs Office (LPO) announced the offer of a conditional commitment of up to $1.52bn as a loan guarantee to restart the plant. This has now been confirmed. Holtec spokesman Nick Culp said all necessary funding has now been secured. Holtec has also completed all major licensing submittals to the NRC, he added.
Palisades Nuclear Plant in Michigan Plans to Reopen With $1.5 …
WEBMarch 27, 2024. The Biden administration announced on Wednesday that it had agreed to provide a $1.52 billion loan guarantee to help a company restart a nuclear power plant in Michigan — the...