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

Congress passes new nuclear funding

January 20, 2026, 3:37PMNuclear News

On January 15, in an 82–14 vote, the U.S. Senate passed an Energy and Water Development appropriations bill to fund the U.S. Department of Energy for fiscal year 2026 as part of a broader...