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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.
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]
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.
Upon the creation of the New York State Office of Parks, Recreation, and Historic Preservation (OPRHP) in 1970, the Palisades Interstate Park Commission was given the authority to manage the Palisades Region of NY State Parks. Today, PIPC and OPRHP jointly manage the 125,000 acres of parkland in this region, which includes all state parklands ...
The company that owns Palisades Energy LLC, Holtec International, will receive up to a $1.52 billion conditional loan from the U.S. Department of Energy. The funding will allow the 800 megawatt ...
Holtec is attempting to restart operations at Palisades, which went offline for decommissioning in May 2022. An initial, unsuccessful attempt to restart the plant was announced in September 2022.