Tear It Down or Start It Back Up? Plant Owners Weigh Options Around Retired Reactors

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 16:58:06 +0000

Nuclear power plants are still being dismantled, and the business of decommissioning remains strong, but the need for more baseload power and emissions-free generation has some companies ready to restart idled

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DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects

Credit to Author: Contributed Content| Date: Tue, 29 Oct 2024 19:26:56 +0000

The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the […]

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Microsoft Would Restart Three Mile Island Nuclear Plant to Power AI

Credit to Author: Darrell Proctor| Date: Fri, 20 Sep 2024 15:06:16 +0000

Microsoft has announced a deal to restart the Three Mile Island nuclear power plant in Pennsylvania. It’s the latest move by a technology company to use nuclear power to provide […]

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Holtec Bets on Nuclear Paired with Solar to Support Decarbonization

Credit to Author: Darrell Proctor| Date: Wed, 07 Feb 2024 22:44:55 +0000

The decarbonization of power generation is fostering research and development of new energy technologies, and some companies are reimagining what’s possible when it comes to power plant design. That includes […]

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Report: Biden Administration Will Provide $1.5 Billion for Palisades Nuclear Restart

Credit to Author: Darrell Proctor| Date: Wed, 31 Jan 2024 16:51:36 +0000

The Palisades nuclear power plant in Michigan could be another step closer to restarting, with reports saying the Biden administration in February will announce $1.5 billion in funding for the […]

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Palisades Nuclear Power Plant May Get a Second Chance with Holtec-Wolverine Agreement

Credit to Author: Aaron Larson| Date: Thu, 14 Sep 2023 18:57:42 +0000

Holtec International, a diversified energy technology company, and Wolverine Power Cooperative, a not-for-profit power generation cooperative based in Michigan, announced that they have entered into a long-term agreement that will […]

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DTE Energy Boosts Renewable Energy Portfolio with Major Michigan Wind Farm

Credit to Author: Darrell Proctor| Date: Tue, 18 Apr 2023 19:27:00 +0000

Midwestern utility DTE Energy announced its 225-MW Meridian Wind Park project has entered commercial operation. The group on April 18 said the wind farm, located in Merrill and spanning parts […]

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Biden Administration Pledges $1.2 Billion to Keep U.S. Nuclear Reactors Online

Credit to Author: Darrell Proctor| Date: Fri, 03 Mar 2023 17:18:19 +0000

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The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of […]

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DOE Grants First-Round Civil Nuclear Credit Award—$1.1B—to Diablo Canyon 

Credit to Author: Sonal Patel| Date: Wed, 23 Nov 2022 16:12:24 +0000

The Department of Energy’s (DOE’s) first round of funding from its $6 billion Civil Nuclear Credit (CNC) Program is poised to go to Diablo Canyon Power Plant, California’s only operational nuclear plant. Pacific Gas & Electric  (PG&E), Diablo Canyon’s owner, could receive up to $1.1 billion in credits to extend the 2.2-GW plant’s operation for […]

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Michigan Governor Urges DOE to Support Palisades Nuclear Plant’s Reopening

Credit to Author: Sonal Patel| Date: Mon, 12 Sep 2022 14:42:25 +0000

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Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

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