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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]
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.
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]
Two such projects are already underway, including the planned recommissioning of Holtec's Palisades nuclear plant in Michigan and the potential restart of a unit at Constellation Energy's Three ...
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 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.
OPEN100 is an SMR project developed by the Energy Impact Center that has published the first open-source blueprints for a 100 MWe pressurized water reactor. The project is intended to standardize the construction of nuclear power plants to cut down on cost and duration.
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 ...