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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.
The Palisades nuclear plant, located in southwest Michigan, is poised to become the first nuclear power plant in the U.S. to reopen.
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 a privately held nuclear technology company headquartered in Jupiter, Florida. ... Palisades will support 600 jobs in Covert Township, near Lake Michigan, and provide enough power for ...
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]
GE Hitachi Nuclear Energy (GEH) announced plans to expand its Wilmington operations, aiming to create roughly 500 new jobs over the next five years to support the deployment of its modular reactor, the BWRX-300. These reactors are planned to go around the world, including the U.K., Sweden, Czech Republic, Estonia, and Canada.
Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. Gov. Gretchen Whitmer said it would be the first nuclear power plant to be reopened in the U.S ...
This raised concerns about the commercial prospects in the U.S. of the other SMR designs. [133] [134] In January 2024, it was announced that Holtec International was receiving $1.5 billion from the U.S. Department of Energy to restart the Palisades nuclear plant. [135] The goal is to have the 800 megawatt plant running by 2025.