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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.
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.
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. ... Holtec also aims to construct two new ...
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 ] On September 12, 2023, Holtec and Wolverine Power Cooperative announced that they had reached a power purchase agreement to restart the plant once the re ...
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]
At the time of shutdown, Oyster Creek was one of four licensed nuclear power reactors in New Jersey. The others are the two units at the Salem Nuclear Power Plant, and the one unit at Hope Creek Nuclear Generating Station. [5] As of January 1, 2005, New Jersey ranked 9th among the 31 states with nuclear capacity for total MWe generated. In 2003 ...
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 ...
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.