Holtec International
A nuclear technology company specializing in used fuel storage and transport and decommissioning services, and the company restarting the Palisades Nuclear Plant.
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Commercial Decommissioning
Holtec sues New York over state law blocking Indian Point discharges
Holtec International last week sued New York over a law the state passed in 2023 that would fine anyone who discharges irradiated wastewater into the Hudson River, a court filing shows. The law constitutes “blatant infringement on the federal government’s exclusive right to regulate the discharge of radioactive materials from nuclear power plants,” Holtec wrote […]
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Commercial Decommissioning
More Palisades decommissioning funds misappropriated, enviros say in meeting with NRC staff
The company that was to decommission the Palisades Nuclear Power Plant in Michigan inappropriately withdrew more than $160 million from the plant’s decommissioning trust fund and did not pay it back, environmental and anti-nuclear activists said Wednesday in a meeting with NRC staff. The activists said Wednesday that they had identified in public reports filed […]
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Decommissioning
More Palisades decommissioning funds misappropriated, enviros say in meeting with NRC staff
The company that was to decommission the Palisades Nuclear Power Plant in Michigan inappropriately withdrew more than $160 million from the plant’s decommissioning trust fund and did not pay it back, environmental and anti-nuclear activists said Wednesday in a meeting with NRC staff. The activists said Wednesday that they had identified in public reports filed […]
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Interim Storage & Waste Disposal
After Texas case, Fifth Circuit also throws out Holtec license for New Mexico interim storage
A federal court late last week vacated Holtec International’s Nuclear Regulatory Commission license to store spent nuclear fuel in New Mexico. Holtec’s license, granted in May 2023, got caught up in a decision by the U.S Court of Appeals for the Fifth Circuit that the Nuclear Regulatory Commission may not license storage of commercial spent […]
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Interim Storage & Waste Disposal
After Texas case, Fifth Circuit also throws out Holtec license for New Mexico interim storage
A federal court late last week vacated Holtec International’s Nuclear Regulatory Commission license to store spent nuclear fuel in New Mexico. Holtec’s license, granted in May 2023, got caught up in a decision by the U.S Court of Appeals for the Fifth Circuit that the Nuclear Regulatory Commission may not license storage of commercial spent […]
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Recommissioning & Restarts
NRC staff think they can finish one Holtec license amendment request to restart Palisades by March ‘25
Nuclear Regulatory Commission staff need a little less than a year to review a request for a license amendment Holtec needs to restart Michigan’s Palisades Nuclear Generating Station, according to a letter published Tuesday. “With respect to your requested completion schedule of March 15, 2025, the NRC staff believes that it will complete the safety […]
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Recommissioning & Restarts
Holtec conditionally gets its $1.5 billion loan from DOE to restart Palisades
Holtec will receive a $1.52 billion loan from the Department of Energy’s Loan Programs Office to restart the shuttered Palisades Nuclear Generating Station in Michigan, the agency announced this week. Secretary of Energy Jennifer Granholm announced the conditional commitment on Wednesday ahead of a tour of the Holtec Palisades Training Center in Covert, Mich. Granholm […]
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Recommissioning & Restarts
Holtec conditionally gets its $1.5 billion loan from DOE to restart Palisades
Holtec will receive a $1.52 billion loan from the Department of Energy’s Loan Programs Office to restart the shuttered Palisades Nuclear Generating Station in Michigan, the agency announced Wednesday. Secretary of Energy Jennifer Granholm announced the conditional commitment ahead of a planned tour of the Holtec Palisades Training Center in Covert, Mich. Granholm is visiting […]
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Recommissioning & Restarts
NRC wants $42M for Palisades restart
The Nuclear Regulatory Commission on Monday requested about $2.5 million in fiscal year 2025 to review Holtec International’s requests to restart the Palisades Nuclear Plant in Michigan. In its latest budget request, NRC also said it needs the equivalent of more than nine full-time staffers to review Holtec’s requests, which consist of multiple filings for […]
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Interim Storage & Waste Disposal
Judges focus on future DOE contracts in arguments over Holtec interim storage license
Federal judges on Tuesday repeatedly questioned claims that the Nuclear Regulatory Commission illegally licensed Holtec International to store spent fuel under contract to the Department of Energy. The long-awaited oral arguments in U.S. Circuit Court of Appeals for the District of Columbia are part of a lawsuit from 2021 that now includes the anti-nuclear groups […]
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Interim Storage & Waste Disposal
Court to rule on ex-Holtec employee’s request to pry more documents from company
In about a month, a New Jersey court will decide whether to force Holtec International to turn over additional information sought by a former finance chief who has sued the company for wrongful termination. Lawyers for Kevin O’Rourke, the ex-chief financial officer who sued in June, filed a motion with the Superior Court of New […]
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Interim Storage & Waste Disposal
Oral arguments next week in lawsuit over Holtec Interim Storage
Friends and foes of Holtec International’s proposed interim storage facility for spent nuclear fuel were to meet in the U.S. Court of Appeals for the District of Columbia on March 5 for oral arguments. The three-judge panel scheduled to hear the arguments, in order of seniority on the court, are: Neomi Rao and Justin Walker, […]
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Interim Storage & Waste Disposal
Oral arguments next week in lawsuit over Holtec Interim Storage
Friends and foes of Holtec International’s proposed interim storage facility for spent nuclear fuel were to meet in the U.S. Court of Appeals for the District of Columbia on March 5 for oral arguments. The three-judge panel scheduled to hear the arguments, in order of seniority on the court, are: Neomi Rao and Justin Walker, […]
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Interim Storage & Waste Disposal
Court to rule on ex-Holtec employee’s request to pry more documents from company
In about a month, a New Jersey court will decide whether to force Holtec International to turn over additional information sought by a former finance chief who has sued the company for wrongful termination. Lawyers for Kevin O’Rourke, the ex-chief financial officer who sued in June, filed a motion with the Superior Court of New […]
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Recommissioning & Restarts
Holtec submits NRC license amendment request key to Palisades restart
Holtec International has filed for federal relief from what the Jupiter, Fla., company says is the biggest regulatory hurdle to restarting the Palisades Nuclear Plant in Michigan. Pending a big federal loan and the replacement of some major hardware including a new steam generator, Holtec plans to be ready to restart Palisades “in the third quarter […]
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Recommissioning & Restarts
Holtec submits NRC license amendment request key to Palisades restart
Holtec International has filed for federal relief from what the Jupiter, Fla., company says is the biggest regulatory hurdle to restarting the Palisades Nuclear Plant in Michigan. Pending a big federal loan and the replacement of some major hardware including a new steam generator, Holtec plans to be ready to restart Palisades “in the third […]
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Recommissioning & Restarts
Michigan Gov. recommends $150M more for Palisades
To help restart the Palisades Nuclear Plant, Michigan Gov. Gretchen Whitmer (D) this week recommended another $150 million in state funding, which if approved by lawmakers would bring Michigan’s total aid package to $300 million. That is the amount plant owner Holtec International, Jupiter, Fla., says it needs from the state to help restart the […]
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Commercial Decommissioning
New Jersey appeals lost lawsuit against Holtec to state’s highest court
New Jersey last week asked the state’s highest court to review a lower court’s ruling that Holtec International should keep the $260 million in tax credits the company got in 2014. New Jersey Attorney General Matt Platkin filed a petition with the New Jersey Supreme Court on Tuesday, local media reported. The supreme court had […]
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Interim Storage & Waste Disposal
NRC, mining groups, get spring court date to argue over proposed Holtec interim storage facility
The Nuclear Regulatory Commission and groups opposed to the licensing of a Holtec International-owned interim storage facility for spent nuclear fuel in New Mexico will meet March in court. The U.S. Court of Appeals for the District of Columbia Circuit scheduled oral arguments in the case for March 5 in Washington at 9:30 a.m. Eastern […]
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Commercial Decommissioning
Holtec settles with New Jersey over alleged exploitation of state investment-tax credit
Holtec International paid $5 million to avoid criminal prosecution by the state of New Jersey, which said the Jupiter, Fla., company might have acted illegally in 2018 when it sought investment tax credits from the state. Holtec and an affiliate company, Singh Real Estate Enterprise, have also agreed to give up a combined $1 million […]
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Recommissioning & Restarts
NRC needs a year to finish paperwork for Palisades restart, staff say
Nuclear Regulatory Commission staff need until January 2025 to amend Holtec International’s license for the Palisades Nuclear Generating Station in Michigan, which the company wants to restart that August, commission staff said last week. “With respect to your requested completion schedule of January 31, 2025, the NRC staff believes that it will complete the safety […]
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Recommissioning & Restarts
NRC needs a year to finish paperwork for Palisades restart, staff say
Nuclear Regulatory Commission staff need until January 2025 to amend Holtec International’s license for the Palisades Nuclear Generating Station in Michigan, which the company wants to restart that August, commission staff said last week. “With respect to your requested completion schedule of January 31, 2025, the NRC staff believes that it will complete the safety […]
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Commercial Decommissioning
Holtec settles with New Jersey over alleged exploitation of state investment-tax credit
Holtec International paid $5 million to avoid criminal prosecution by the state of New Jersey, which said the Jupiter, Fla., company might have acted illegally in 2018 when it sought investment tax credits from the state. Holtec and an affiliate company, Singh Real Estate Enterprise, have also agreed to give up a combined $1 million […]
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Interim Storage & Waste Disposal
NRC, mining groups, get spring court date to argue over proposed Holtec interim storage facility
The Nuclear Regulatory Commission and groups opposed to the licensing of a Holtec International-owned interim storage facility for spent nuclear fuel in New Mexico will meet March in court. The U.S. Court of Appeals for the District of Columbia Circuit scheduled oral arguments in the case for March 5 in Washington at 9:30 a.m. Eastern […]
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Interim Storage & Waste Disposal
After years of back-and-forth, final filings made in case against Holtec interim storage
The federal government, Holtec International and a coalition of mining and environmental groups this week filed final briefs in another big federal lawsuit over the company’s proposed spent nuclear fuel storage site in New Mexico. Not yet scheduled for oral arguments, the two-and-a-half-year-old case in the U.S. Court of Appeals for the District of Columbia […]
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Commercial Decommissioning
Holtec’s defamation argument in ex-employee’s lawsuit delayed until February
Representatives of Holtec International and its ex-chief financial officer will not see each other in court until February because the former employee’s lawyer had a conflict, according to a filing last week in a New Jersey court. Kevin O’Rourke sued Holtec, Jupiter, Fla., in June, but the company in December said that news stories and […]
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Commercial Decommissioning
Holtec’s defamation argument in ex-employee’s lawsuit delayed until February
Representatives of Holtec International and its ex-chief financial officer will not see each other in court until February because the former employee’s lawyer had a conflict, according to a filing last week in a New Jersey court. Kevin O’Rourke sued Holtec, Jupiter, Fla., in June, but the company in December said that news stories and […]
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Commercial Decommissioning
NJ court to decide Friday if Holtec can countersue ex-employee for defamation
In a prelude to the main event a the nine-month old lawsuit against Holtec International, a state judge was to hold oral arguments Friday, after deadline for RadWaste Monitor, about whether the company can sue an ex-employee for defamation. Kevin O’Rourke, former chief financial officer of the Jupiter, Fla.-based company, sued Holtec in June, alleging […]
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Commercial Decommissioning
NJ court to decide Friday if Holtec can countersue ex-employee for defamation
In a prelude to the main event a the nine-month old lawsuit against Holtec International, a state judge will hold oral arguments Friday about whether the company can sue an ex-employee for defamation. Kevin O’Rourke, former chief financial officer of the Jupiter, Fla.-based company, sued Holtec in June, alleging that the company misrepresented the value […]
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Commercial Decommissioning
Ex-employee who sued company defamed company, Holtec says
As part of a six-month old lawsuit against the company, Holtec International, Jupiter, Fla., recently accused a former employee of defamation over allegedly false language that appeared in a publicity campaign and news stories. The Superior Court of New Jersey in Camden County planned to decide on Jan. 19 whether to allow the defamation claim […]







