nuclear, Michigan
The US could bring a shuttered nuclear power plant back to life next year
For the first time, a shuttered nuclear power plant in the US could reopen thanks to federal support. The Department of Energy (DOE) announced a $1.52 billion loan to help restore a nuclear generating station in Covert Township, Michigan.
US closes $1.52 billion loan to resurrect Michigan nuclear plant
The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two years to reopen the plant,
United States approves $1.52B loan to restart Michigan's Palisades nuclear plant
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.
The hottest trend in nuclear power: Reopening shuttered plants
The U.S. has never restarted a decommissioned nuclear reactor, but today Holtec International closed a $1.5 billion loan from the U.S.
Palisades Nuclear Plant in Michigan Set for U.S. Historic Restart with $1.52 Billion Federal Loan Boost
The Palisades nuclear power plant in Michigan is set to restart with a $1.52 billion federal loan, aiming to enhance the local power grid and job market.
Nuclear power plant re-opening on track after approval of $1.5B loan
Wolverine Power recently was given a double dose of good news regarding its plans to transition entirely to clean energy.
$1.52 billion federal loan guarantee to help fund first-ever restart of nuclear plant in Michigan
The U.S. Department of Energy finalized a conditional commitment loan of $1.52 billion to restore and resume service at the Palisades nuclear power plant in Covert.
Michigan nuclear plant will restart to deliver new power to rural communities
The Palisades nuclear plant in Covert Township, Michigan, is slated to restart in 2025, powering some 800,000 homes and bringing about 600 new jobs to the area.
Corrosion exceeds estimates at Michigan nuclear plant US wants to restart, regulator says
Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators "far exceeded" estimates, the U.S. nuclear power regulator said in a document published on Wednesday.
Uncle Sam lends $1.5B to reignite Michigan nuclear plant in 2025
Up and atom! The Biden administration has announced plans to reignite a shuttered Michigan nuclear power plant with a $1.5 billion loan that, combined with other nuclear announcements yesterday, suggests the US federal government is right now all in on nuclear energy.
Nuclear power plant to reopen in Michigan
The U.S. Department of Energy has finalized a $1.52 billion loan agreement to restart operations at the Palisades Nuclear Power Plant in Michigan, part of the state's goal to produce all its energy from clean sources by 2040.
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
No one has ever restarted an American nuclear reactor that was seemingly closed for good. But with electricity demand spiking ...
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Corrosion cracking at Palisades nuclear plant exceeds previous estimates, NRC says
The Michigan plant could represent the first recommissioning of a retired nuclear power plant in U.S. history.
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Palisades Nuclear Plant to reopen with $1.5B federal loan
The U.S. Department of Energy announced the loan with the owners of the Palisades Nuclear Power Plant, which is based in ...
3 Top Nuclear Power Stocks to Buy in October
Nuclear power plant restarts are in the news, suggesting a rebirth of this clean energy source. Here are three ways to play ...