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.
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
The restart of the reactor at Palisades would mark a milestone for the nuclear industry after a decadelong wave of reactor shutdowns in the U.S.
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, interest is growing.
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,
$1.5B loan approved to restart Palisades plant
The federal government has announced the approval of a $1.52 billion loan to support the reopening of a nuclear power plant in Van Buren County. (Sept. 30, 2024)
U.S. Approves $1.5B Loan To Restart Palisades Nuclear Reactor
Michigan nuclear plant Palisades closed a $1.5 billion loan to restart its reactor, which is a first in U.S. history.
DOE finalizes loan guarantee to reopen Michigan nuclear plant
It comes about a week after Microsoft announced a deal to reactivate a nuclear unit at Pennsylvania’s Three Mile Island.
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Benjamin should get 1 year in prison for his role in SCANA’s nuclear reactor fiasco, feds say
Jeffrey Benjamin, the last defendant in the nuclear power corruption fiasco that caused the downfall of SCANA, had a “toxic” ...
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On This Day: U.S. commissions USS Nautilus, world's first nuclear submarine
On Sept. 30, 1954, the USS Nautilus, the world's first nuclear submarine, was commissioned by the U.S. Navy, under the ...
The U.S. wants to triple nuclear power by 2050. America's coal communities could provide a pathway.
The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts ...
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East Tennessee plant that processes radioactive nuclear fuel 'safe' after Helene floods
Nuclear Fuel Services, which processes highly enriched uranium for the Navy in Unicoi County, said its plant posed no risk ...