Palisades to receive $3B in federal, state funding to fuel plant restart

September 30, 2024, 3:00PMNuclear News
The Palisades nuclear power plant. (Photo: Holtec International)

With a $1.52 billion loan from the Department of Energy and $1.3 billion in grants to rural electric cooperatives near the plant, the ambitious plans to restart Michigan’s Palisades nuclear plant next fall are moving ahead.

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