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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…

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FERC Rejects Power Deal for AWS Data Center

The Federal Energy Regulatory Commission (FERC) denied a revised Interconnection Service Agreement (ISA) proposed for an Amazon Web Services (AWS) data center linked to Talen Energy’s Susquehanna Nuclear plant in Pennsylvania. The proposal sought to increase co-located load capacity from 300 MW to 480 MW, but FERC voted 2-1 against it, with concerns about fairness…

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