Holtec International

The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]

Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township, Michigan. Separately, the U.S. Department of Agriculture (USDA) awarded electric cooperative Wolverine Power […]

Midwestern utility DTE Energy announced its 225-MW Meridian Wind Park project has entered commercial operation. The group on April 18 said the wind farm, located in Merrill and spanning parts of Midland and Saginaw counties in central Michigan, features 77 turbines and operates on land leased from farmers in the region. A DTE spokesperson said […]

Federal regulators have approved a private company’s plan to store nuclear waste in the oil fields of West Texas, the latest move in the continuing saga of where to store spent fuel from U.S. nuclear power plants. The U.S. Nuclear Regulatory Commission (NRC) on Sept. 13 issued a license to Interim Storage Partners LLC (ISP), […]

Industry experts agree that deep geological repositories are needed for long-term storage of spent reactor fuel. They’re also digging for alternative methods. The U.S. Department of Energy earlier this year

Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]

The Department of Energy (DOE) is funding a project that would prepare Westinghouse’s 25-MWe eVinci micro-reactor for nuclear demonstration readiness by 2022.  The agency on March 27 said it will provide $12.9 million of the estimated $28.6 million Westinghouse needs for a project to prepare the micro-reactor for a demonstration, including for design, analysis, licensing […]

MONTREAL: July 31, 2018 – Comprehensive Decommissioning International, LLC (CDI), a joint venture company of SNC-Lavalin (TSX: SNC) and Holtec International, has been awarded a nuclear decommissioning contract, worth hundreds of millions of dollars, by Holtec Decommissioning International. Earlier today, Exelon Generation and Holtec International announced the conditional sale of the Oyster Creek Nuclear Generating […]

MONTREAL: July 18, 2018 – SNC-Lavalin (TSX: SNC) and Holtec International group are pleased to announce a new US-based joint venture company named Comprehensive Decommissioning International, LLC (CDI). The company, headquartered in Camden, New Jersey, has been established to bring the expertise of both companies together to ensure safe, rapid, and economic decommissioning of shuttered […]

Marking a fresh development for the nation’s futile efforts to resolve a long-standing impasse on nuclear waste, the Nuclear Regulatory Commission (NRC) said it could issue a license for Holtec International’s proposed consolidated interim storage (CIS) facility for used nuclear fuel in New Mexico by July 2020 or earlier. Holtec, a Camden, New Jersey–based supplier […]