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Loan guarantee for Palisades restart : Corporate - World Nuclear News

The US Department of Energy Loan Programs Office has conditionally committed up to USD1.52 billion for a loan guarantee to Holtec Palisades for its project to bring the Palisades plant, which ceased operations in May 2022, back online. If the project proceeds, it will be the first nuclear power plant in the USA to return to commercial operations after being closed down.

United statesState of michiganGretchen whitmerUs nuclear regulatory commissionWorld nuclear newsConsumers energyDepartment of energyEnergy jennifer granholmUs department of energy loan programs officeEnergy infrastructure reinvestmentWolverine powerEnergy loan programs officeHoltec palisadesMichigan governor gretchen whitmerFiscal yearRegulatory commission

3/28/24 - Working To Restart The Palisades Nuclear Power Plant

The federal government will provide a loan to help startup the nuclear power plant near South Haven in Covert Township.

United statesBattle creekGrand rapidsGretchen whitmerBuilding an inclusive clean energyHoltec palisades training centerWolverine powerUs department of energyEnergy infrastructure reinvestmentPalisades nuclear plantCommunity benefits planEnergy jenniferm granholmBiden harris administrationEnergy jennifer granholmEnergy deptMichigan legislature

In a first, shuttered nuclear plant set to resume energy production in Michigan

The nuclear plant's owner will borrow up to $1.52 billion from the Department of Energy to restart energy production.

United statesGrand rapidsSouth havenVan burenGretchen whitmerBill huizengaUs nuclear regulatory commissionDepartment of energySenate minority leader aric nesbittPalisades nuclear power plantWolverine powerMichigan conservative energy forumUniversity of michigan economic growth instituteHoosier energyAssociated pressClean energy financing program

Holtec Gets $1 5B DOE Loan Guarantee to Restart Michigan Nuclear Plant

Nuclear services firm, which acquired the 800-MW Palisades Nuclear Plant in 2022, plans to restart it by 2025 and add new small modular reactors.

Lake michiganUnited statesThe palisadesDiablo canyonJennifer granholmGretchen whitmerKris singhHoosier energyEntergy nuclearEnergy loan programs officeWolverine powerEnergy infrastructure reinvestmentHoltec palisadesHoltec internationalUs nuclear regulatory commissionPalisades nuclear plant in covert township

Holtec Gets $1 52 Billion Loan From US to Restart Nuclear Power Plant

Holtec Gets $1 52 Billion Loan From US to Restart Nuclear Power Plant
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United statesShinjini ganguliPge corp diablo canyonHoltec internationalWolverine powerHoosier energyUs department of energyDiablo canyonPower purchase agreementsWolverine power cooperativeSeher dareen

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