DOE finalizes loan for Palisades restart
As part of US President Biden’s Investing in America agenda, the Administration, through the Department of Energy (DOE) has
DOE closes on $1.5B loan to reopen Palisades nuclear plant
Once complete, this project will be the first recommissioning of a retired nuclear power plant in U.S. history.
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.
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.
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.
DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning
Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township,
Nuclear power plant to reopen in Michigan
If successful, Palisades would become the first successfully restarted nuclear power plant in American history.
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 Covert, Michigan, just south of South Haven along the shore of the Great Lakes.
US closes $1.52B loan to resurrect Michigan's Palisades nuclear plant
The U.S. closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant, and an official said it could take two years to reopen the plant.
Uncle Sam loans $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.
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.
Scientific American1h
Power-Thirsty AI Turns to Mothballed Nuclear Plants. Is That Safe?
As Microsoft strikes a deal to restart a reactor at Three Mile Island to power AI, nuclear specialists weigh in on the ...
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
The Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history, ...
Seymour Tribune21h
Billions put in place support affordable, clean power in the Midwest
The U.S. Department of Energy recently announced in a press release the closing of a loan guarantee of up to $1.52 billion to ...
WWMT Grand Rapids/Lansing on MSN12d
Holtec faces maintenance challenges at Palisades plant in Covert, ensures safety measures
Holtec International ran into maintenance issues during inspections at its Palisades Nuclear Power Plant in Covert.