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Uncle Sam loans $1.5B to reignite Michigan nuclear plant in 2025
Up and atom! The Biden administration has announced plans to reignite a shuttered Michigan nuclear power plant with a $1.5 billion loan that, combined with other nuclear announcements yesterday, suggests the US federal government is right now all in on nuclear energy.
DOE closes on $1.5B loan to reopen Palisades nuclear plant
Once complete, this project will be the first recommissioning of a retired nuclear power plant in U.S. history.
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
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.
The hottest trend in nuclear power: Reopening shuttered plants
The U.S. has never restarted a decommissioned nuclear reactor, but today Holtec International closed a $1.5 billion loan from the U.S.
Palisades Nuclear Plant in Michigan Set for U.S. Historic Restart with $1.52 Billion Federal Loan Boost
The Palisades nuclear power plant in Michigan is set to restart with a $1.52 billion federal loan, aiming to enhance the local power grid and job market.
United States approves $1.52B loan to restart Michigan's Palisades nuclear plant
The Biden administration said on Monday that a final deal had been made to give an energy company a $1.52 billion loan guarantee to bring a Michigan nuclear power plant back to life.
$1.52 billion federal loan guarantee to help fund first-ever restart of nuclear plant in Michigan
The U.S. Department of Energy finalized a conditional commitment loan of $1.52 billion to restore and resume service at the Palisades nuclear power plant in Covert.
DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning
Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township,
White House announces $2.8B to support historic restart of Palisades Nuclear Power Plant
If approved to reopen, Palisades would become the first nuclear energy plant in U.S. history to be recommissioned.
Uncle Sam loans $1.5B to reignite Michigan's Palisades nuclear plant by 2025
The Biden administration has announced plans to reignite a shuttered Michigan nuclear power plant with a $1.5 billion loan that, combined with other nuclear announcements yesterday, suggests the US federal government is right now all in on nuclear energy.
Palisades Nuclear Plant to reopen with $1.5B federal loan
The U.S. Department of Energy announced the loan with the owners of the Palisades Nuclear Power Plant, which is based in Covert, Michigan, just south of South Haven along the shore of the Great Lakes.
fox17online
17h
Palisades owner eligible for $1.52B loan to attempt 1st-ever restart
In a first-of-its-kind effort, the Department of Energy will try to restart a nuclear power plant. The Covert facility owner, ...
Seymour Tribune
2h
Billions put in place support affordable, clean power in the Midwest
The U.S. Department of Energy recently announced in a press release the closing of a loan guarantee of up to $1.52 billion to ...
MLive - GrandRapids/Muskegon/Kalamazoo on MSN
20h
Biden officials promote ‘nuclear renaissance’ in latest Palisades visit
Biden administration officials visited Michigan this week to highlight federal subsidies going to repower the closed ...
3h
DOE, USDA announce nearly $3B for Palisades restart
A $1.5 billion loan guarantee and $1.3 billion in awards will support site work and power purchase agreements for the 800-MW Michigan plant, the Biden-Harris administration said Monday.
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