First nuclear plant recommissioned in US history as part of $2.8bn …
WEB1 day ago · The Palisades Nuclear Plant, which ceased operations in May 2022, will be brought back online and upgraded to produce clean baseload power until at least 2051, subject to US Nuclear Regulatory ...
DoE loans $1.5B to revive Michigan's Palisades nuclear plant
WEB5 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 ...
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 ...
Energy Department finalizes loan for Michigan nuclear plant …
WEB1 day ago · Mon, September 30, 2024, 10:05 AM EDT · 2 min read. 1. The Energy Department on Monday announced it has finalized a $1.5 billion loan to restart a shuttered Michigan nuclear power plant. The loan ...
Palisades / US DOE Announces Closing Of $1.5 Billion Loan …
WEB1 day ago · On Monday (30 September), the USDA announced the award of more than $650m to Wolverine and $675m to Hoosier. Wolverine will use the funding to purchase 435 MW of power from Palisades and Hoosier will use it to procure 369 MW of nuclear energy from Palisades and 250 MW of renewable energy annually. Plant ‘On …
Federal loan closes to boost Palisades nuclear plant restart | Crain's ...
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.
Biden administration will lend $1.5B to restart Michigan nuclear …
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...
Michigan's Palisades nuclear power plant to restart after ... - CBS …
WEBMar 27, 2024 · Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. But now the emphasis is on restarting it by late 2025, following support from the state of...
US Administration finalises financial support for Palisades restart
WEB1 day ago · Today, the USDA announced the award of more than USD650 million to Wolverine and USD675 million to Hoosier. Hoosier is to use the funding to help it procure 369 MWe of nuclear energy through the restart of Palisades and 250 MWe of renewable energy annually, while Wolverine will use its New ERA investment to purchase 435 MW of power from the plant.
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