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More than 1,000 Holtec and specialty workers and contractors are trying to get Palisades power plant back online. Inside the Holtec Palisades nuclear power plant in Covert Township on Dec. 11, 2024.
Holtec is developing the SMR-160, an advanced light water reactor that can generate 160 MW of power. The first SMR-160s are scheduled to enter service around 2030, Holtec said.
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.
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]
The Westinghouse SMR design is a scaled down version of the AP1000 reactor, designed to generate 225 MWe. After losing a second time in December 2013 for funding through the U.S. Department of Energy's SMR commercialization program, and citing "no customers" for SMR technology, Westinghouse announced in January 2014 that it is backing off from ...
Michigan Gov. Gretchen Whitmer (left) and U.S. Secretary of Energy Jennifer Granholm view a demonstration of a training simulation at the Palisades Nuclear Plant on Wednesday, March 27, 2024, in ...
At the time of shutdown, Oyster Creek was one of four licensed nuclear power reactors in New Jersey. The others are the two units at the Salem Nuclear Power Plant, and the one unit at Hope Creek Nuclear Generating Station. [5] As of January 1, 2005, New Jersey ranked 9th among the 31 states with nuclear capacity for total MWe generated. In 2003 ...