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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.
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 ] On September 12, 2023, Holtec and Wolverine Power Cooperative announced that they had reached a power purchase agreement to restart the plant once the re ...
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 ...
Holtec was founded in New Jersey. Holtec is attempting to restart operations at Palisades, which went offline for decommissioning in May 2022. An initial, unsuccessful attempt to restart the plant ...
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 ...
The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday. Holtec International acquired the 800-megawatt ...
The small modular reactor (SMR) is a class of small nuclear fission reactor, designed to be built in a factory, shipped to operational sites for installation and then used to power buildings or other commercial operations. The term SMR refers to the size, capacity and modular construction. Reactor type and the nuclear processes may vary.