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Nuclear Regulatory Commission staff will host a public information meeting on Wednesday, April 17, to discuss plans for repowering the shuttered Palisades nuclear plant in Michigan.
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.
Nuclear Science and Technology professionals share thoughts on repowering Palisades nuclear power plant
WASHINGTON, D.C. — The American Nuclear Society (ANS), a nonprofit representing over 10,000 professionals in the fields of nuclear science and technology, issued the following statements regarding today’s announcement of a $1.5 billion loan guarantee from the U.S. Department of Energy (DOE) for repowering the shuttered Palisades nuclear power plant in Covert Township, Michigan.
The Palisades nuclear power plant in Covert, Mich., may become the first in the United States to be restarted after permanent shut down—with help from a $1.5 billion loan being championed by the Biden administration.
Patrick O'Brien
The adage “a rising tide raises all boats” keeps coming to my mind whenever I think about the work ahead for small modular reactor and advanced reactor development companies. The groundwork being laid by the entire industry is key to moving the whole group forward together. The drive to construct new nuclear will need to include all sizes, designs, and companies, because unlike in many industries, there is no way there can only be one “winner” if we are to meet climate goals.
Recently, at global climate summit COP28, a large portion of the international community announced a joint aim to triple worldwide nuclear power generation by 2050. This is tremendous news and a huge step in the right direction for many reactor developers. It means that the work developers are doing now will lead to a market for their product for years to come. The questions we must all be asking are “How do we get there?” “Who is going to take the leap of faith to build the first-of-a-kind designs?” and “What challenges lie ahead?”
Wesoff
According to an admittedly informal and unscientific survey of people from online “nuclear affinity groups” conducted by Eric Wesoff, the editorial director for clean energy newsroom Canary Media, there is no consensus regarding when the next nuclear power plant will come on line in the United States. Wesoff recently reported that upon polling his nuclear-connected network on LinkedIn, X, and Reddit, he found that “the responses were all over the map.”
Nuclear renaissance? Wesoff was prompted to try his survey about the expected date for the next nuclear plant because “conditions are perfect for the American nuclear renaissance.” He cited strong support for the nuclear industry from the Department of Energy as well as from public opinion polls and online “influencers.” He thought therefore that he would find confident predictions for when the next new U.S. reactor would go on line. Instead, he found uncertainty and varied responses.
Another calendar year has passed. Before heading too far into 2024, let’s look back at what happened in 2023 in the nuclear community. In today's post, compiled from Nuclear News and Nuclear Newswire are what we feel are the top nuclear news stories from October through December 2023.
Stay tuned for the top stories from the rest of the past year.
Another calendar year has passed. Before heading too far into 2024, let’s look back at what happened in 2023 in the nuclear community. In today's post, compiled from Nuclear News and Nuclear Newswire are what we feel are the top nuclear news stories from April through June 2023.
Stay tuned for the top stories from the rest of the past year.
A bipartisan group of nine House members is calling on the Department of Energy to give “fair, full, and swift consideration” to Holtec International’s application for DOE Loan Programs Office funding to restart the company’s Palisades nuclear plant, closed last year by the facility’s previous owner, Entergy.
The Nuclear Regulatory Commission has granted Holtec Decommissioning International’s request to revise the emergency preparedness plan for the Palisades nuclear power plant in Covert, Mich., to reflect the plant’s decommissioning status.
Holtec International has taken another step on the arduous stairway to Palisades resurrection, announcing last Friday that it has filed with the Nuclear Regulatory Commission to “formally begin the process of seeking federal reauthorization of power operations” at the Covert Township, Mich., facility.
Holtec International’s ongoing effort to repower Michigan’s closed Palisades nuclear plant made progress this week with the signing of a power purchase agreement (PPA) between the firm’s Holtec Palisades Energy LLC subsidiary and Wolverine Power Cooperative, a not-for-profit energy provider to the rural communities across Michigan.
The Palisades nuclear power plant may have entered retirement, but it’s not dead yet. Plant owner Holtec International is continuing with its unprecedented effort to restart the Covert, Mich., single-unit facility, shuttered 11 months ago by previous owner Entergy.
The Department of Energy has announced the release of application guidance for the second award cycle of its $6 billion Civil Nuclear Credit (CNC) Program.
Part of the Infrastructure Investment and Jobs Act—the $1.2 trillion bipartisan measure signed by President Biden in November 2021—the CNC Program was established to prevent the premature retirement of economically challenged nuclear power plants in recognition of the crucial role the Biden administration sees nuclear playing in achieving its ambitious decarbonization goals, including 100 percent clean electricity by 2035.
Another calendar year has passed. Before heading too far into 2023, let’s look back at what happened in 2022 for the American Nuclear Society and the nuclear community. In today's post that follows, we have compiled from Nuclear News and Nuclear Newswire what we feel are the top nuclear news stories from April through June 2022.
Stay tuned this week for the top stories from the rest of the past year.
But first:
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.
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.
Gov. Whitmer
While the fate of Michigan’s Palisades nuclear plant remains uncertain, Gov. Gretchen Whitmer has approved legislation requiring a feasibility study to examine the potential for new nuclear generation in the state.
Signed into law last Friday, House Bill 1609 instructs the Michigan Public Service Commission to engage an outside consulting firm to conduct the study.
The measure was introduced in the House on April 14 by Rep. Graham Filler (R., 93rd Dist.) and passed that chamber on May 19, 85–20. On September 28, the bill passed even more comfortably in the Senate, 32–4.
The mandated study is due to the governor and leaders of the state legislature in 18 months.
Cavanaugh
In an opinion piece published by The Hill, Tim Cavanaugh blasts the federal government for “quick-fix” and “half-hearted” efforts to retain existing nuclear power plants.
Cavanaugh, senior editor at the Mackinac Center for Public Policy, adds that the U.S. nuclear energy industry is stifled by outmoded policies and suggests a number of policy changes to allow it to flourish and to “end a regulatory model that has starved the nuclear industry nearly to extinction.”
Renewable failures: Cavanaugh’s first suggestion is to acknowledge the failure of renewable energy sources like wind and solar, which “produce too little energy and are too unreliable to make a dent in our heat and electricity needs, even though taxpayers have spent billions of dollars on green pork.”
Maybe hold off commenting on those Palisades decommissioning plans for now: Michigan Gov. Gretchen Whitmer last Friday penned a letter to energy secretary Jennifer Granholm pledging state support for a Holtec International plan to restart the recently shuttered Palisades nuclear plant in Covert, Mich. It was Whitmer’s second letter to the Department of Energy head expressing support for Palisades and touting its value to the state.