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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 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.
Holtec, which is decommissioning the Oyster Creek nuclear plant, announced that Hyundai is joining a project to build a new type of nuclear reactor.
Last Energy is a full-service developer of small modular nuclear power projects with a goal of transforming the nuclear power industry by dramatically reducing the time and cost of construction. The company’s first product, the PWR-20 is a fully-modular SMR with all modules fitting inside of a standard shipping container.
In March, Holtec International received a conditional commitment for a loan guarantee of up to $1.5 billion from the Department of Energy (DOE) to help it recommission a nuclear power plant in ...
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.
[32] [33] The plan for a restart by Holtec International (based in Jupiter, Florida) got a boost after Wolverine Power Cooperative, a local power company, agreed to buy as much as 2/3 of the plant’s output starting as soon as late 2025, though additional hurdles, including sign off from federal nuclear regulators, remain. [34] Holtec acquired ...
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.