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Uncle Sam loans $1.5B to reignite Michigan nuclear plant in 2025
Up and atom! 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.
DOE closes on $1.5B loan to reopen Palisades nuclear plant
Once complete, this project will be the first recommissioning of a retired nuclear power plant in U.S. history.
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
The Palisades nuclear plant in Michigan has closed a $1.5 billion loan to support the first reactor restart in U.S. history, the Department of Energy announced Monday.
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.
$1.52 billion federal loan guarantee to help fund first-ever restart of nuclear plant in Michigan
The U.S. Department of Energy finalized a conditional commitment loan of $1.52 billion to restore and resume service at the Palisades nuclear power plant in Covert.
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,
Nuclear power plant to reopen in Michigan
If successful, Palisades would become the first successfully restarted nuclear power plant in American history.
Palisades Nuclear Plant in Michigan Set for U.S. Historic Restart with $1.52 Billion Federal Loan Boost
The Palisades nuclear power plant in Michigan is set to restart with a $1.52 billion federal loan, aiming to enhance the local power grid and job market.
Uncle Sam loans $1.5B to reignite Michigan's Palisades nuclear plant by 2025
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.
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
No one has ever restarted an American nuclear reactor that was seemingly closed for good. But with electricity demand spiking, interest is growing.
Michigan nuclear plant tax case settled. Schools say they are the ‘biggest loser’
For years, the company operating a nuclear power plant on the shores of Lake Michigan has sought to slash its tax bill, but the case is now settled.
Seymour Tribune
9h
Billions put in place support affordable, clean power in the Midwest
The U.S. Department of Energy recently announced in a press release the closing of a loan guarantee of up to $1.52 billion to ...
10h
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 ...
WWMT Grand Rapids/Lansing on MSN
12d
Holtec faces maintenance challenges at Palisades plant in Covert, ensures safety measures
Holtec International ran into maintenance issues during inspections at its Palisades Nuclear Power Plant in Covert.
11h
DOE, USDA announce nearly $3B for Palisades restart
A $1.5 billion loan guarantee and $1.3 billion in awards will support site work and power purchase agreements for the 800-MW Michigan plant, the Biden-Harris administration said Monday.
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