DoE loans $1.5B to revive Michigan's Palisades nuclear plant
WEB11 hours ago · 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. The 800-megawatt Holtec Palisades plant, located on Michigan's southwest coast in a ...
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
WEB1 day ago · The moves will help Holtec International reopen the Palisades nuclear plant in Covert Township, Mich., which ceased operating in 2022. The company plans to inspect and refurbish the plant’s ...
United States approves $1.52B loan to restart Michigan's Palisades ...
WEB1 day ago · Sept. 30 (UPI) --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.Holtec International agreed to refurbish and restart the Palisades nuclear plant in Covert Township, near the shores of Lake Michigan about 15 miles north of Benton Harbor by October 2025.
Energy Department finalizes loan for Michigan nuclear plant …
WEB1 day ago · The Energy Department on Monday announced it has finalized a $1.5 billion loan to restart a shuttered Michigan nuclear power plant. The loan guarantee will restart the Holtec Palisades nuclear ...
Biden Administration closes deal on $1.52B loan for Palisades …
WEB2 days ago · 1:55 PM. 2. The Biden Administration reiterated its support for the historic attempt to restart the mothballed Palisades nuclear plant in southwest Michigan on Monday, closing the deal on its ...
Federal loan closes to boost Palisades nuclear plant restart
WEB1 day ago · The U.S. Energy Department on Monday finalized a $1.5 billion loan guarantee to help Holtec International restart the Palisades nuclear power in southwest Michigan, an effort that will be bolstered by $1.3 billion in federal grants for two rural cooperatives that plan to buy electricity generated by the facility.
Michigan's Palisades Nuclear Plant To Restart After $1.5B …
WEBThe Palisades nuclear plant in Michigan has finalized a $1.5 billion federal loan to support the first reactor restart in U.S. history. What Happened: The plant, owned by Holtec International ...
Biden administration will lend $1.5B to restart Michigan nuclear power ...
WEBMar 28, 2024 · The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it.
Palisades Nuclear Plant in Michigan Plans to Reopen With $1.5 …
WEBMarch 27, 2024. The Biden administration announced on Wednesday that it had agreed to provide a $1.52 billion loan guarantee to help a company restart a nuclear power plant in Michigan — the...
Biden-Harris Administration Announces $1.5 Billion Conditional ...
WEBMar 27, 2024 · The project aims to bring back online the Palisades Nuclear Plant, which ceased operations in May 2022, and upgrade it to produce baseload clean power until at least 2051, subject to U.S. Nuclear Regulatory Commission (NRC) licensing approvals.
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