Archive

Holtec International

A nuclear technology company specializing in used fuel storage and transport and decommissioning services, and the company restarting the Palisades Nuclear Plant.

  • Holtec praises high court ruling, but hurdles remain for N.M. spent fuel project

    The recent U.S. Supreme Court ruling affirming the Nuclear Regulatory Commission’s authority to license consolidated interim storage, clears the way for Holtec to move forward on a spent fuel storage site in New Mexico, according to the company. At the same time, however, Holtec said last week major issues remain to be worked out both […]

  • DOE issues fourth loan reimbursement for Palisades restart

    The Department of Energy has released its fourth loan reimbursement to Holtec for about $100 million to support efforts to restart the Palisades nuclear plant in Michigan.  Secretary of Energy Chris Wright made the announcement this past Friday, saying that the efforts to restart the Palisades plant further align with one of President Donald Trump’s […]

  • Holtec considers becoming publicly-traded company

    Holtec International, known for decommissioning reactors and developing nuclear power projects, could become a publicly-traded company within the next year. In a Monday interview with Barrons, Holtec CEO Kris Singh said the company was looking at an initial public offering sometime in the January through April 2026 time period, a Holtec spokesperson confirmed Wednesday via […]

  • Holtec praises high court ruling, but hurdles remain for N.M. spent fuel project

    The recent U.S. Supreme Court ruling affirming the Nuclear Regulatory Commission’s authority to license consolidated interim storage, clears the way for Holtec to move forward on a spent fuel storage site in New Mexico, according to the company. At the same time, however, Holtec said last week major issues remain to be worked out both […]

  • Holtec considers becoming publicly-traded company

    Holtec International, known for decommissioning reactors and developing nuclear power projects, could become a publicly-traded company within the next year. In a Monday interview with Barrons, Holtec CEO Kris Singh said the company was looking at an initial public offering sometime in the January through April 2026 time period, a Holtec spokesperson confirmed Wednesday via […]

  • Holtec considers becoming publicly-traded company

    Holtec International, known for decommissioning reactors and developing nuclear power projects, could become a publicly-traded company within the next year. In a Monday interview with Barrons, Holtec CEO Kris Singh said the company was looking at an initial public offering sometime in the January through April 2026 time period, a Holtec spokesperson confirmed Wednesday via […]

  • Holtec praises high court ruling, but hurdles remain for N.M. spent fuel project

    The recent U.S. Supreme Court ruling affirming the Nuclear Regulatory Commission’s authority to license consolidated interim storage, clears the way for Holtec to move forward on a spent fuel storage site in New Mexico, according to the company. At the same time, however, Holtec said last week major issues remain to be worked out both […]

  • Insiders react to Supreme Court’s interim waste storage decision

    Interest groups and nuclear policy insiders have started to weigh in on a Wednesday decision by the U.S. Supreme Court effectively upholding a Nuclear Regulatory Commission license for a private interim waste storage facility in Texas. When asked for a comment the Nuclear Regulatory Commission (NRC) simply said via email: “The Supreme Court decision upholds […]

  • Insiders react to Supreme Court’s interim waste storage decision

    Interest groups and nuclear policy insiders have started to weigh in on a Wednesday decision by the U.S. Supreme Court effectively upholding a Nuclear Regulatory Commission license for a private interim waste storage facility in Texas. When asked for a comment the Nuclear Regulatory Commission (NRC) simply said via email: “The Supreme Court decision upholds […]

  • Insiders react to Supreme Court’s interim waste storage decision

    Interest groups and nuclear policy insiders have started to weigh in on a Wednesday decision by the U.S. Supreme Court effectively upholding a Nuclear Regulatory Commission license for a private interim waste storage facility in Texas. When asked for a comment the Nuclear Regulatory Commission (NRC) simply said via email: “The Supreme Court decision upholds […]

  • NRC environmental review finds no big impact from Palisades restart

    The Nuclear Regulatory Commission has issued the final environmental assessment for the Palisades nuclear plant finding no significant impacts. Holtec previously purchased the Covert Township, Mich. nuclear plant from Entergy to decommission it. However, the company has changed plans and has made an effort to restart the plant. In cooperation with the Department of Energy’s […]

  • NRC environmental review finds no big impact from Palisades restart

    The Nuclear Regulatory Commission has issued the final environmental assessment for the Palisades nuclear plant finding no significant impacts. Holtec previously purchased the Covert Township, Mich. nuclear plant from Entergy to decommission it. However, the company has changed plans and has made an effort to restart the plant. In cooperation with the Department of Energy’s […]

  • Holtec, Hi Tech and Utah target “nuclear ecosystem” for SMRs

    Holtec, Hi Tech Solutions and the state of Utah have recently entered into a memorandum of understanding (MOU) to develop a “nuclear ecosystem” for small reactors in Utah and the broader Mountain West. The initiative includes the deployment of small modular reactors (SMRs) with domestic manufacturing, operational training and workforce development, as stated in Hi […]

  • Holtec, Hi Tech and Utah target “nuclear ecosystem” for SMRs

    Holtec, Hi Tech Solutions and the state of Utah have recently entered into a memorandum of understanding (MOU) to develop a “nuclear ecosystem” for small reactors in Utah and the broader Mountain West. The initiative includes the deployment of small modular reactors (SMRs) with domestic manufacturing, operational training and workforce development, as stated in Hi […]

  • NRC panel to hear arguments on staff environmental review of Palisades restart

    The Nuclear Regulatory Commission’s Atomic Safety and Licensing Board will hear oral arguments May 15 on an amended petition by several organizations opposing the staff environmental assessment for restart of the Palisades Nuclear Plant in Michigan.  Joint petitioners Beyond Nuclear, Don’t Waste Michigan, Michigan Safe Energy Future, Three Mile Island Alert and Nuclear Energy Information […]

  • NRC panel to hear arguments on staff environmental review of Palisades restart

    The Nuclear Regulatory Commission’s Atomic Safety and Licensing Board will hear oral arguments May 15 on a petition by several organizations opposing the staff environmental assessment for restart of the Palisades Nuclear Plant in Michigan.  Joint petitioners Beyond Nuclear, Don’t Waste Michigan, Michigan Safe Energy Future, Three Mile Island Alert and Nuclear Energy Information Service […]

  • DOE releases third loan for Palisades restart

    The Department of Energy said on Tuesday it is awarding Holtec its third loan reimbursement worth $46.7 million to support the company’s efforts to restart the Palisades nuclear plant. The loan comes as another installment of the DOE’s $1.52 billion loan guarantee for the restart of Palisades, an 800 megawatt plant in Michigan. Last month, […]

  • DOE releases third loan for Palisades restart

    The Department of Energy said on Tuesday it is awarding Holtec its third loan reimbursement worth $46.7 million to support the company’s efforts to restart the Palisades nuclear plant. The loan comes as another installment of the DOE’s $1.52 billion loan guarantee for the restart of Palisades, an 800 megawatt plant in Michigan. Last month, […]

  • Three-judge panel rejects challenge to Palisades restart

    A three-judge panel for the Nuclear Regulatory Commission’s Atomic Safety and Licensing Board denied the requested hearing challenging plans to restart the Palisades Nuclear Plant in Michigan in a 2-1 vote. In a 71-page ruling made on March 31, the NRC Atomic Safety and Licensing Board stated, “we conclude that Joint Petitioners and Petitioning Organizations […]

  • Three-judge panel rejects challenge to Palisades restart

    A three-judge panel for the Nuclear Regulatory Commission’s Atomic Safety and Licensing Board denied the requested hearing challenging plans to restart the Palisades Nuclear Plant in Michigan. In a 71-page ruling made on March 31, the NRC Atomic Safety and Licensing Board stated, “we conclude that Joint Petitioners and Petitioning Organizations have demonstrated standing to […]

  • Holtec awarded second tranche of DOE loan money for Palisades

    The Department of Energy said Monday it is awarding Holtec the second phase of a federal loan, this chunk worth nearly $57 million, to go toward reviving the closed Palisades nuclear power plant in Michigan. Providing it wins the necessary Nuclear Regulatory Commission approvals, the 800-megawatt facility would effectively become the nation’s first restart of […]

  • Holtec awarded second tranche of DOE loan money for Palisades

    The Department of Energy said Monday it is awarding Holtec the second phase of a federal loan, this chunk worth nearly $57 million, to go toward reviving the closed Palisades nuclear power plant in Michigan. Providing it wins the necessary Nuclear Regulatory Commission approvals, the 800-megawatt facility would effectively become the nation’s first restart of […]

  • Questions over Texas, land company’s standing in NRC waste case debated at high court

    Whether Texas and Fasken Land and Minerals Co. waited too late to fight the Nuclear Regulatory Commission’s authority to license interim offsite private facilities for spent fuel, took up much of a hearing before the U.S. Supreme Court. During the Wednesday NRC versus Texas hearing webcast from Washington, D.C., Deputy Solicitor General Malcolm Stewart argued […]

  • Questions over Texas, land company’s standing in NRC waste case debated at high court

    Whether Texas and Fasken Land and Minerals Co. waited too late to fight the Nuclear Regulatory Commission’s authority to license interim offsite private facilities for spent fuel, took up much of a hearing before the U.S. Supreme Court. During the Wednesday NRC versus Texas hearing webcast from Washington, D.C., Deputy Solicitor General Malcolm Stewart argued […]

  • Holtec, Hyundai step up pursuit of new SMRs at Palisades complex

    Holtec and Hyundai Engineering & Construction Tuesday announced another step in their plans to develop new small modular reactors at the currently-closed Palisade nuclear plant site in Covert, Mich. Holtec and the South Korea-based construction company said in a Tuesday press release they are making headway in their effort to develop small modular reactors (SMRs) […]

  • Holtec, Hyundai step up pursuit of new SMRs at Palisades complex

    Holtec and Hyundai Engineering & Construction Tuesday announced another step in their plans to develop new small modular reactors at the currently-closed Palisade nuclear plant site in Covert, Mich. Holtec and the South Korea-based construction company said in a Tuesday press release they are making headway in their effort to develop small modular reactors (SMRs) […]

  • Foes of Palisades restart urge NRC panel to reject Holtec request

    Various citizen groups and some local landowners this week urged a Nuclear Regulatory Commission (NRC) panel to reject a request from Holtec to revive the Palisades nuclear plant in Michigan. “Holtec’s proposal to resurrect Palisades on the basis of incomplete and outdated documentation—along with an unsupported request for exemptions—does not satisfy the standards,” according to […]

  • NRC finds no big enviro impact from Palisades restart, seeks comment

    The Nuclear Regulatory Commission (NRC) has found no big environmental harm should result from Holtec International’s proposed restart of the 800-megawatt Palisades nuclear power plant in Covert, Mich. Between now and March 3, the NRC is taking public comment on its draft environmental assessment and finding of no significant impact, according to a Federal Register […]

  • NRC finds no big enviro impact from Palisades restart, seeks comment

    The Nuclear Regulatory Commission (NRC) has found no big environmental harm should result from Holtec International’s proposed restart of the 800-megawatt Palisades nuclear power plant in Covert, Mich. Between now and March 3, the NRC is taking public comment on its draft environmental assessment and finding of no significant impact, according to a Federal Register […]

  • Round Up: NRC Palisades hearing set; TVA SMR meetings planned; more

    A Nuclear Regulatory Commission (NRC) panel will hear oral arguments Feb. 12 on the potential restart of the  Holtec Palisades nuclear power plant in Michigan. The Atomic Safety and Licensing Board Panel proceedings in Rockville, Md., will be open to the public. Information on how to listen to the oral arguments can be found here. […]