The US could bring a shuttered nuclear power plant back to life next year
For the first time, a shuttered nuclear power plant in the US could reopen thanks to federal support. The Department of Energy (DOE) announced a $1.52 billion loan to help restore a nuclear generating station in Covert Township, Michigan.
First nuclear plant recommissioned in US history as part of $2.8bn funding
The funding is part of President Biden’s Investing in America agenda, which focuses on private sector investments in domestic manufacturing sectors.
US closes $1.52 billion loan to resurrect Michigan nuclear plant
The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two years to reopen the plant,
United States approves $1.52B loan to restart Michigan's Palisades nuclear plant
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.
Nuclear power plant to reopen in Michigan
If successful, Palisades would become the first successfully restarted nuclear power plant in American history.
The hottest trend in nuclear power: Reopening shuttered plants
The U.S. has never restarted a decommissioned nuclear reactor, but today Holtec International closed a $1.5 billion loan from the U.S.
Federal funding secured to support historic reopening of Michigan nuclear power plant
The Biden administration has finalized a loan to help reopen the Palisades nuclear power plant in Michigan, which is anticipated to become the first-ever decommissioned plant to come back online in the United States.
U.S. plans to revive reactors as AI powers nuclear renaissance
A new U.S. nuclear energy age may be dawning after years of false starts and dashed hopes. Why it matters: The data centers powering the AI revolution have an insatiable thirst for energy. Major stakeholders — in Washington,
Palisades Nuclear Plant to reopen with $1.5B federal loan
The U.S. Department of Energy announced the loan with the owners of the Palisades Nuclear Power Plant, which is based in Covert, Michigan, just south of South Haven along the shore of the Great Lakes.
Michigan nuclear plant will restart to deliver new power to rural communities
The Palisades nuclear plant in Covert Township, Michigan, is slated to restart in 2025, powering some 800,000 homes and bringing about 600 new jobs to the area.
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