Palisades to receive $3B in federal, state funding to fuel plant restart

September 30, 2024, 3:00PMNuclear News
The Palisades nuclear power plant. (Photo: Holtec International)

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.

Lawmakers urge federal funding for Palisades restart

December 23, 2023, 3:30PMNuclear News
Palisades nuclear power plant. (Photo: Holtec)

A bipartisan group of nine House members is calling on the Department of Energy to give “fair, full, and swift consideration” to Holtec International’s application for DOE Loan Programs Office funding to restart the company’s Palisades nuclear plant, closed last year by the facility’s previous owner, Entergy.

Holtec files with NRC to restart Palisades

October 9, 2023, 9:30AMNuclear News
The Palisades nuclear power plant. (Photo: Entergy)

Holtec International has taken another step on the arduous stairway to Palisades resurrection, announcing last Friday that it has filed with the Nuclear Regulatory Commission to “formally begin the process of seeking federal reauthorization of power operations” at the Covert Township, Mich., facility.