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.

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.

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 Michigan Department of Environment, Great Lakes, and Energy (EGLE) is holding a virtual public hearing on Tuesday, October 1, to provide information and take comments on the proposed reissuance of a surface water permit for Palisades nuclear plant in Covert, Mich.

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.

Constellation Energy is in talks with the governor’s office and state legislators about funding to restart a unit at Three Mile Island nuclear plant, Reuters has reported. The ongoing talks have been described as “beyond preliminary” by two sources.

Nuclear energy advocates attended a White House summit today on domestic nuclear deployment and will help advise a new federal initiative to support building new grid-scale nuclear reactors.

The event showcased recent policy developments and new industry investments that have changed the playing field—for the better—for nuclear during the past few years. The White House is calling it “the largest sustained push to accelerate civil nuclear deployment in the United States in nearly five decades.”

On the company’s earnings call this month, Constellation CEO Joe Dominguez was asked if there is a possibility of restarting the shuttered Three Mile Island plant—as is being proposed for the Palisades nuclear plant in Michigan.

“We’re not unaware that opportunity exists for us,” Dominguez said. “We’re obviously seen what’s happened with Palisades and I think that was brilliant. Brilliant for the nation. … We are doing a good bit of thinking about a number of different opportunities, and that would probably certainly be one of those that we would think about.”

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 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 Palisades nuclear power plant in Covert, Mich., may become the first in the United States to be restarted after permanent shut down—with help from a $1.5 billion loan being championed by the Biden administration.

Patrick O'Brien

The adage “a rising tide raises all boats” keeps coming to my mind whenever I think about the work ahead for small modular reactor and advanced reactor development companies. The groundwork being laid by the entire industry is key to moving the whole group forward together. The drive to construct new nuclear will need to include all sizes, designs, and companies, because unlike in many industries, there is no way there can only be one “winner” if we are to meet climate goals.

Recently, at global climate summit COP28, a large portion of the international community announced a joint aim to triple worldwide nuclear power generation by 2050. This is tremendous news and a huge step in the right direction for many reactor developers. It means that the work developers are doing now will lead to a market for their product for years to come. The questions we must all be asking are “How do we get there?” “Who is going to take the leap of faith to build the first-of-a-kind designs?” and “What challenges lie ahead?”