Energy Secretary Chris Wright announced this week the release of the second part of Holtec’s loan disbursement for the Palisades nuclear plant restart plans in Michigan.

The Tax Court of New Jersey has ruled that Oyster Creek’s spent nuclear fuel storage casks are subject to taxation as real property.

Leaders from Holtec International and Hyundai Engineering & Construction gathered at the Palisades site in western Michigan today to announce an “expanded cooperation agreement” to build a 10-GW fleet of Holtec-designed SMR-300s in North America. That fleet’s first builds would be at Palisades, where Holtec is now focused on restarting the site’s shuttered 777-MWe pressurized water reactor by the end of this year. Under the “Mission 2030” plan launched today, Holtec would then build a pair of SMR-300 PWRs at the Palisades site—targeting operation in 2030.

The Nuclear Regulatory Commission is asking for public comments until March 3 on its environmental assessment (EA) and draft finding of no significant impact at Michigan’s Palisades nuclear power plant, where Holtec hopes to restart operations by the end of 2025.

Iowa’s lone nuclear plant may soon see new life as NextEra Energy takes a step toward relicensing the Duane Arnold nuclear power plant.

A Nuclear Regulatory Commission review board will hear oral arguments on February 12 on petitions concerning Holtec Palisades LLC.

The Nuclear Regulatory Commission is hosting a hybrid public meeting with Holtec next week to discuss plans for needed repairs at Michigan’s Palisades nuclear plant before bringing the unit back on line.

Holtec International announced that it has completed the campaign to transfer Diablo Canyon’s spent nuclear to dry storage ahead of its planned schedule, paving the way for the continued operation of the central California nuclear power plant.

As a primer to the American Nuclear Society Winter Conference and Expo, ANS Executive Director/Chief Executive Craig Piercy hosted a panel discussion titled “The State of Nuclear,” sponsored by the ANS Trustees of Nuclear. The October 29 discussion, the first in a two-part series, featured five thought leaders from the nuclear community as they reviewed the current state of nuclear power. The second panel will take place during the ANS Winter Conference in Orlando, Fla., on November 18.

The pursuit of returning two of the country’s retired nuclear plants into service is not only unusual—it is unprecedented and promises to make history.

That’s according to a piece coauthored by former assistant secretary for nuclear energy Katy Huff in the Bulletin of the Atomic Scientists regarding plans from Holtec and Constellation to restart Michigan’s Palisades plant and Pennsylvania’s Three Mile Island Unit 1, respectively.

With a $1.52 billion loan from the Department of Energy and $1.3 billion in grants to rural electric cooperatives near the plant, the ambitious plans to restart Michigan’s Palisades nuclear plant next fall are moving ahead.

The Department of Energy has signed off on a $1.5 billion loan guarantee to Holtec Palisades LLC to support initial work needed to restart the Michigan nuclear plant.

The Duane Arnold nuclear power plant in Iowa could see new life, according to NextEra Energy chief executive officer John Ketchum.

“There would be opportunities and a lot of demand from the market if we were able to do something with Duane Arnold,” Ketchum said on Wednesday this week during the company’s second-quarter earnings call.

Dozens gathered last week at a public hearing hosted by the Nuclear Regulatory Commission to get feedback on the proposal to restart the Palisades nuclear power plant in Michigan.

The NRC is beginning its environmental review of plans to repower Palisades after it was shut down in May 2022 and was headed for permanent decommissioning. If the restart is successful, this would be the first return to service of a shuttered U.S. nuclear plant.

Nuclear Regulatory Commission staff will host a public information meeting on Wednesday, April 17, to discuss plans for repowering the shuttered Palisades nuclear plant in Michigan.

The 5th Circuit Court of Appeals has vacated Holtec International’s license to build and operate a consolidated interim storage facility (CISF) for spent nuclear fuel near the Waste Isolation Pilot Plant in southeastern New Mexico. The Nuclear Regulatory Commission granted the license for the Holtec facility, called the HI-STORE CISF in May 2023.

The Department of Energy’s Loan Programs Office (LPO) today announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the 800-MWe Palisades nuclear power plant in Covert Township, Mich.

WASHINGTON, D.C. — The American Nuclear Society (ANS), a nonprofit representing over 10,000 professionals in the fields of nuclear science and technology, issued the following statements regarding today’s announcement of a $1.5 billion loan guarantee from the U.S. Department of Energy (DOE) for repowering the shuttered Palisades nuclear power plant in Covert Township, Michigan.

The state of Massachusetts is looking to require Holtec, the owners of the Pilgrim nuclear power plant, to analyze water evaporation at the plant for potential air pollution as the unit is decommissioned.

At a hearing this week with a state Department of Environmental Protection panel, officials said that more study is needed on nonradioactive contaminants in about 1 million gallons of water that Holtec has proposed discharging into Cape Cod Bay.

Holtec International has agreed to pay $5 million in penalties to the state of New Jersey to avoid criminal prosecution over $1 million in tax credits that the company, along with Singh Real Estate Enterprises (SRE), sought in 2018. Holtec has also agreed to retain an independent reviewer approved by New Jersey to monitor future applications for state benefits.