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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]
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.
In January, multiple outlets including Reuters reported the loan’s existence, allowing Holtec to re-open Palisades. Holtec bought the facility from its previous owner, Entergy, in 2022, the year ...
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.. Palisades’ owner, Holtec ...
Indian Point Energy Center (I.P.E.C.) is a now defunct three-unit nuclear power station located in Buchanan, just south of Peekskill, in Westchester County, New York.It sits on the east bank of the Hudson River, about 36 miles (58 km) north of Midtown Manhattan.
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.
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 ...