Palisades

The U.S. Department of Energy (DOE) said the agency has selected the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the U.S. The DOE on December 2 said project teams with the two groups will receive up to $800 million in “federal cost-shared funding” targeted for projects in Tennessee and Michigan.

The retirement of older thermal power generation facilities, driven by a transition to cleaner forms of energy, has increased in recent years as utilities and other power generators mothball plants that are uneconomic or simply no longer needed.

A 2-GW nuclear power plant in New York State that was shut down in 2021 could be restarted, an official with Holtec International said. The Indian Point station, which sits near the Hudson River in Buchanan, New York, is the latest among a handful of shuttered U.S. nuclear power facilities being considered for reopening as […]

Holtec International said the Palisades Power Plant, which was closed in 2022 and set for decommissioning, is now the first U.S. nuclear power plant to officially return to operations status. Holtec, which bought the Michigan-based plant to decommission it but instead decided the facility could be restarted, on August 25 said Palisades is now authorized […]

Energy Secretary Chris Wright on April 22 announced the release of the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant in Michigan.

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 […]

Nuclear power plants are still being dismantled, and the business of decommissioning remains strong, but the need for more baseload power and emissions-free generation has some companies ready to restart idled

The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the restart of the Palisades nuclear power station in Michigan, which is expected next year. The DOE on Oct. 29 said the CBPs are part of […]

Microsoft has announced a deal to restart the Three Mile Island nuclear power plant in Pennsylvania. It’s the latest move by a technology company to use nuclear power to provide electricity for energy-intensive data centers and support the use of artificial intelligence (AI). The agreement announced September 20, if approved by regulators, would allow Microsoft […]

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes pairing nuclear power with solar power, in a system that could repurpose a brownfield site—for example, a closed or soon-to-retire thermal power plant with transmission […]

The Palisades nuclear power plant in Michigan could be another step closer to restarting, with reports saying the Biden administration in February will announce $1.5 billion in funding for the project. Holtec International Corp. purchased the 800-MW facility from Entergy in 2022, after Entergy closed the nuclear plant. Holtec was prepared to decommission the site […]

Holtec International, a diversified energy technology company, and Wolverine Power Cooperative, a not-for-profit power generation cooperative based in Michigan, announced that they have entered into a long-term agreement that will “pave the way” for the restart of the 800-MW Palisades Nuclear Power Plant in Covert Township, Michigan (Figure 1). The Palisades reactor was taken offline […]

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 […]

The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of […]

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

After more than 50 years of operation, the Palisades nuclear power plant was taken offline for the final time on May 20. The station was scheduled to be permanently shut down on May 31, but plant operators “made the conservative decision to shut down the plant early due to the performance of a control rod […]

Michigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier than previously planned. In an updated integrated resource plan (IRP) filed with the Michigan Public Service Commission (MPSC) on June 23, the CMS Energy subsidiary said the effort would lead Michigan’s […]

Holtec to Complete Decommissioning Decades Sooner than Entergy COVERT, Mich. – Entergy Corporation and Holtec International, through their affiliates, jointly submitted a License Transfer Application today with the U.S. Nuclear Regulatory Commission requesting approval to transfer the NRC licenses for the Palisades Nuclear Plant to Holtec following its shutdown and permanent defueling in the spring […]

COVERT, Mich. (December 28, 2018) – Palisades Power Plant returned to service this morning, following the completion of its successful scheduled refueling and maintenance outage. Control room personnel returned the plant to operation, sending electricity to the grid after a planned shutdown that began October 28. This was the 26th refueling in the plant’s history. […]

Entergy Corp. will keep the Palisades nuclear power plant in Covert, Michigan, open until the spring of 2022, owing to a shortfall in recovery granted to Consumers Energy by state regulators. In a bid to actively exit the merchant nuclear power business, investor-owned Entergy had decided to shutter the 798-MW plant by October 1, 2018.  […]

Entergy Corp. has decided to permanently close the Palisades nuclear power plant on October 1, 2018. The news comes as a bit of a surprise, because Entergy had a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all of the power generated […]

Entergy Corp.’s Palisades Power Plant returned to service on Oct. 19, following a month-long outage to implement upgrades, inspections, and safety enhancements.  The Michigan plant was shut down on Sept. 16 to begin a planned refueling outage. The company spent $58 million for upgrades and plant inspections, and $63 million for new fuel. The outage […]