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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 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]
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]
Michigan Gov. Gretchen Whitmer (left) and U.S. Secretary of Energy Jennifer Granholm view a demonstration of a training simulation at the Palisades Nuclear Plant on Wednesday, March 27, 2024, in ...
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.
In July 2014, the New Jersey Economic Development Authority awarded the Holtec International a $260 million tax incentive to expand operations at the site in the Port of Camden. [7] [8] The proposed Glassboro–Camden Line light rail system would stop in the neighbourhood at Ferry Avenue parallel and west of the North-South Freeway. [9]
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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 ...