Holtec International

Two electric cooperatives would purchase electricity generated by the Palisades Nuclear Generating Station in Michigan if the plant restarts, plant owner Holtec International said Tuesday in a statement. If Palisades restarts, something Holtec has said could happen in August 2025, if everything goes according to the company’s unprecedented plan, Wolverine Power Cooperative will purchase two […]

The shuttered Palisades Nuclear Power Plant in Michigan could restart in about two years, plant owner Holtec International told the Nuclear Regulatory Commission in a public meeting Tuesday. The date will depend among other things on whether Holtec, Jupiter, Fla., can get a billion-dollar loan from the Department of Energy, but it may also depend […]

The shuttered Palisades Nuclear Power Plant in Michigan could restart in about two years, plant owner Holtec International told the Nuclear Regulatory Commission in a public meeting Tuesday. The date will depend among other things on whether Holtec, Jupiter, Fla., can get a billion-dollar loan from the Department of Energy, but it may also depend […]

In a move with ramifications for Holtec International’s decommissioning of the Indian Point Energy Center, New York Gov. Kathy Hochul (D) on Friday signed into law a state ban on discharging radioactive wastewater into the Hudson River. Holtec would now face escalating fines for discharges into the Hudson. For a first time offense, Holtec would […]

In court documents filed Monday Holtec International, Jupiter, Fla., formally denied its ex-finance chief’s allegations that the company overvalued itself in an investor pitch.  Holtec also said the former chief financial officer, Kevin O’Rourke, acted maliciously and breached a non-disclosure agreement by filing a lawsuit that detailed, among other things, Holtec’s attempts to woo Hyundai […]

Looking toward a future as a developer of small nuclear reactors, Holtec International, Jupiter, Fla., added power generation to the responsibilities of its lead decommissioning executive, the company announced Monday. Kelly Trice is now president Nuclear Generation and Decommissioning for Holtec, the company wrote in a press release. In his new role, Kelly will now […]

Holtec International planned to meet with Nuclear Regulatory Commission staff Aug. 29 to discuss what the company says is the biggest regulatory hurdle to restarting the Palisades Nuclear Generating Station. The commission posted a notice of the meeting online Tuesday. Executives with Holtec International will join members of the NRC’s Office of Nuclear Reactor Regulation and Office […]

Holtec International planned to meet with Nuclear Regulatory Commission staff Aug. 29 to discuss what the company says is the biggest regulatory hurdle to restarting the Palisades Nuclear Generating Station. The commission posted a notice of the meeting online Tuesday. Executives with Holtec International will join members of the NRC’s Office of Nuclear Reactor Regulation […]

The Massachusetts legislature stripped a proposal to create a radioactive wastewater commission from the final version of the state budget sent to the governor this week. Lawmakers sent a compromise version of the state’s $56-billion budget proposal to Gov. Maura Healey (D) on Monday after a six-person conference committee of the state’s bicameral legislature hammered […]

Michigan Gov. Gretchen Whitmer (D) on Monday signed into law a state budget that would conditionally provide $150 million to restart the Palisades Nuclear Generating Station in Covert county. The funding, about half of what plant owner Holtec International says it needs from the state, is contingent on the federal Department of Energy providing a […]

Locals and activists this week renewed calls for New York Gov. Kathy Hochul (D) to sign the legislature’s ban on radioactive wastewater discharges into the Hudson River, but the governor made no move. In a meeting this week of the Indian Point Decommissioning Oversight Board, state officials got an earful from locals and activists who […]

Michigan Gov. Gretchen Whitmer (D) on Monday signed into law a state budget that would conditionally provide $150 million to restart the Palisades Nuclear Generating Station in Covert county. The funding, about half of what plant owner Holtec International says it needs from the state, is contingent on the federal Department of Energy providing a […]

The Massachusetts legislature stripped a proposal to create a radioactive wastewater commission from the final version of the state budget sent to the governor on Monday.  Lawmakers sent a compromise version of the state’s $56-billion budget proposal to Gov. Maura Healey (D) on Monday after a six-person conference committee of the state’s bicameral legislature hammered […]

Massachusetts on Monday forbade Holtec International from discharging irradiated wastewater into Cape Cod Bay from the Pilgrim Nuclear Power Plant, but the company could still get a federal permit to do so. The state Department of Environmental Protection published the decision in a tentative determination to deny Holtec’s application to modify a discharge permit the […]

Massachusetts on Monday forbade Holtec International from discharging irradiated wastewater into Cape Cod Bay from the Pilgrim Nuclear Power Plant, but the company could still get a federal permit to do so. The state Department of Environmental Protection published the decision in a tentative determination to deny Holtec’s application to modify a discharge permit the […]

The Department of Energy is still considering how and whether it will help bail out a shuttered power plant in Michigan, a senior agency official testified this week in Congress. Plant owner Holtec International, Jupiter, Fla., seeks a roughly $1 billion loan for DOE and said this spring that the federal agency could conditionally approve […]

To net an investment from Hyundai, Holtec International, Camden, N.J., wanted to lie about its value and about the prospects for its proposed interim spent-fuel storage business, a former Holtec executive alleged. Kevin O’Rourke, Holtec’s former chief financial officer, said he was fired in 2022 after about a year on the job for refusing to […]

To net an investment from Hyundai, Holtec International, Camden, N.J., wanted to lie about its value and about the prospects for its proposed interim spent-fuel storage business, a former Holtec executive alleged. Kevin O’Rourke, Holtec’s former chief financial officer, said he was fired in 2022 after about a year on the job for refusing to […]

The Michigan legislature on Wednesday evening easily passed a bill that would provide a $150-million grant to help restart the Palisades Nuclear Generating Station in Covert County. If signed by Michigan Gov. Gretchen Whitmer, the bill would provide half the funding that Holtec International, the current Palisades owner, has said it needed from the state […]

Antinuclear activists on Wednesday sent a letter to the Michigan legislature urging state lawmakers not to approve a $300 million grant to help Holtec International restart the Palisades Nuclear Generating Station. In a letter dated Wednesday and mailed to all 148 michigan lawmakers — 110 representatives and 38 senators — 79 people and 43 organizations […]

New York’s governor had yet to decide whether she would sign a bill, passed Monday by the state legislature, that would punish anyone who discharges irradiated water into the Hudson River. The bill, S06893, passed the General Assembly 101-44 on the first day of a special session of the bicameral legislature’s lower chamber, where Democrats […]

New York’s governor had yet to decide whether she would sign a bill, passed Monday by the state legislature, that would punish anyone who discharges irradiated water into the Hudson River. The bill, S06893, passed the General Assembly 101-44 on the first day of a special session of the bicameral legislature’s lower chamber, where Democrats […]

New York state lawmakers were set to convene for a special session on Tuesday that will include consideration of a bill prohibiting discharge of irradiated wastewater into the Hudson River. The bill, S06893, would make it “unlawful to discharge any radiological substance into the Hudson River in connection with the decommissioning of a nuclear power […]

The New York state legislature could return to Albany for a special session, during which the body’s state Assembly could take up a bill passed by the state Senate that would ban discharge of irradiated water into the Hudson River. The local Albany Times Union reported June 10 that lawmakers in the Assembly could return for a […]

SUMMERLIN, NEV — Holtec International is considering several companies as possible operators of the Palisades Nuclear Generating Station in Michigan, which the Florida-based decommissioning company hopes to restart, a company representative said here Thursday.  “We’ve been involved in conversations with a couple of different potential buyers for the power,” Patrick O’Brien, director of government affairs […]

Antinuclear activists and state lawmakers on Tuesday demonstrated outside the New York governor’s office, demanding that she sign a bill to outlaw dumping of irradiated waste water into the Hudson River from the shuttered Indian Point Nuclear Energy Center. Food & Water Watch, a Washington-based nonprofit founded by activist Wenonah Hauter of Virginia, publicized the […]

Holtec International will know by June or July whether it will get the funds it wants to restart the shuttered Palisades Nuclear Generating Station in Calvert, Mich., executives told Nuclear Regulatory Commission staff Wednesday. It was the most specific public timetable Holtec has set yet for the full-court fundraising press the company initiated to restart […]

Holtec International will know by June or July whether it will get the funds it wants to restart the shuttered Palisades Nuclear Generating Station in Calvert, Mich., executives told Nuclear Regulatory Commission staff Wednesday. It was the most specific public timetable Holtec has set yet for the full-court fundraising press the company initiated to restart […]

Holtec International and Pacific Gas and Electric were scheduled to speak to Nuclear Regulatory Commission staff on Wednesday about novel regulatory efforts to extend the lives of two nuclear power plants. Holtec International, Jupiter, Fla., was scheduled to go first, with their 10:00 a.m. Eastern presentation to commission staff about the regulatory pathway to restart […]

The Nuclear Regulatory Commission this week licensed Holtec International to operate a consolidated interim storage facility for spent nuclear fuel in New Mexico, where politicians vowed to block the project. Holtec’s is one of two proposed consolidated interim storage facilities the NRC has licensed over the last two years to receive spent fuel. If built, […]