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However, in September 2022, Holtec applied for funds from the Civil Nuclear Credit to reopen the plant. [12] This request was denied in November 2022. [13] In December 2022, Holtec announced that it will reapply for funds from the Civil Nuclear Credit in order to restart Palisades. [14] Other efforts have been made to "repower" the plant. [15]
Dozens of people from the surrounding community and across the nation attended a hybrid meeting Thursday, Sept. 22, meant to discuss plans to decommission Palisades Nuclear Plant in Covert.
COVERT — Entergy Corp.'s Palisades Power Plant was sold Tuesday to a company that specializes in decommissioning nuclear power plants, company officials announced.
The reopening of Palisades would mark the first restart of a closed nuclear reactor in U.S. history. News 8 got a look inside with the NRC, which will make that decision. Most areas were restricted.
Holtec International is a supplier of equipment and systems for the energy industry. [1] [2] Founded in Mount Laurel, New Jersey in 1986, Holtec International is a privately-held technology company with domestic operation centers in New Jersey, Florida, Ohio and Pennsylvania and worldwide in Brazil, India Japan, Mexico, Poland, South Africa, Spain, U.K. and Ukraine. [3]
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.
Under the 1982 Nuclear Waste Policy Act, a "Nuclear Waste Fund", funded by tax on electricity was established to build a geologic repository. On May 16, 2014, collection of the fee was suspended [36] after a complaint by owners and operators of nuclear power plants. By 2021, the Fund had a balance of more than $44 billion, including interest.
As Palisades Nuclear Plant prepares to power down in May, the community is invited to discuss the decommissioning process and economic impact. Community meeting on looming Palisades Nuclear Plant ...