Holtec to reapply for federal funding to revive Palisades

December 21, 2022, 3:00PMNuclear News
The Palisades nuclear power plant. (Photo: Entergy)

Holtec International is apparently not ready to give up on the Palisades nuclear power plant just yet. Despite having been denied federal funds last month for a possible reopening of the Covert, Mich., facility, the company this week announced its intention to reapply.

Diablo Canyon approved for federal funding; Palisades denied

November 22, 2022, 3:00PMNuclear News
The Palisades nuclear power plant, in Michigan, before it was permanently closed. (Photo: Holtec)

Pacific Gas & Electric’s two-unit Diablo Canyon plant—California’s lone operating nuclear power facility—has been deemed eligible for the initial round of funding from the Civil Nuclear Credit (CNC) Program, the Department of Energy announced yesterday.

The decision was welcomed by a nuclear community disappointed by last Friday’s news that the DOE had rejected Holtec International’s CNC application for the recently closed Palisades nuclear plant in Michigan, despite support for the effort from Gov. Gretchen Whitmer.

DOE revises nuclear credit program guidance, extends application deadline

July 1, 2022, 12:09PMNuclear News

The Department of Energy yesterday announced that it has amended its Civil Nuclear Credit (CNC) Program guidance for the currently open award cycle and extended the deadline for credit applications from July 5 to September 6. The DOE was instructed to establish the $6 billion program by the Infrastructure Investment and Jobs Act, signed into law by President Biden last November.

To aid Diablo Canyon, feds propose changes to nuclear credit program

June 21, 2022, 9:30AMNuclear News

The Department of Energy has issued a proposed guidance amendment for its $6 billion Civil Nuclear Credit (CNC) Program in response to a letter last month from California Gov. Gavin Newsom’s administration suggesting “a few minor adjustments” to the program’s guidance to address “the unique circumstances” of the Diablo Canyon nuclear plant. (Previously a supporter of the premature 2025 closure of the Avila Beach, Calif., facility, Newsom told the Los Angeles Times in late April that his office would look into using the CNC Program to keep the plant in operation beyond its scheduled closure date, citing climate change and the threat of power shortages in the state.)