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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 station is owned by Holtec International, and consists of three permanently deactivated reactors, Indian Point Units 1, 2, and 3. Units 2 and 3 were Westinghouse pressurized water reactors . Entergy purchased Unit 3 from the New York Power Authority in 2000 and Units 1 and 2 from Consolidated Edison in 2001.
Oyster Creek was sold to Holtec International in July 2019 after clearing regulatory approval, and a Holtec and SNC-Lavalin joint venture called Comprehensive Decommissioning International will be responsible for decommissioning the plant. About 200 of Oyster Creek's employees will remain at the plant to carry out decommissioning work with Holtec.
Palisades’ owner, Holtec International, hopes to restart the plant in the fourth quarter of 2025, subject to approval by the U.S. Nuclear Regulatory Commission. Holtec is a privately held ...
The Nuclear Regulatory Commission on Thursday cited Holtec International for dipping into ratepayer funds meant for the teardown of the Indian Point nuclear power plant for $63,000 to sponsor ...
Holtec International in 2017 applied for a license to construct and operate a facility designed to temporarily store more than 100,000 metric tons of used nuclear fuel rods taken from private ...
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 EDA approved Holtec's request in 2014, but later withheld $26 million in incentives for the 2018 tax year. That payment was the second for a planned 10-year incentive package.