DOE makes conditional commitment to Palisades’ restoration and resumption of service

March 27, 2024, 12:00PMNuclear News
The Palisades nuclear power plant in Covert Township, Mich.

The Department of Energy’s Loan Programs Office (LPO) today announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the 800-MWe Palisades nuclear power plant in Covert Township, Mich.

To continue reading, log in or create a free account!

Related Articles

Nuclear EOs: One year later

May 22, 2026, 12:46PMNuclear News

This Saturday, May 23, will mark one year since President Trump issued four executive orders (EOs) that sought to implement sweeping changes across the U.S. nuclear industry. From regulatory...