DOE Approves Funding for Palisades Nuclear Plant Restart
The U.S. Department of Energy (DOE) approved a second $56.8 million disbursement to Holtec for restarting the Palisades Nuclear Plant in Michigan, part of a $1.52 billion loan guarantee. The plant, set to be the first restarted U.S. commercial nuclear reactor, is expected to operate through 2051. Holtec, which acquired the plant in 2022, has…