Archive

Palisades

A single-unit pressurized water reactor in Covert, Michigan, shut down in 2022 and now being restarted by Holtec Decommissioning International — the first restart of a retired U.S. commercial reactor.

  • Holtec seeks $300M for Palisades restart from Michigan

    Holtec Decommissioning International wants the state of Michigan to provide $300 million to restart the shuttered Palisades Nuclear Generating Station, a state lawmaker confirmed Tuesday. State Rep. Pauline Wendzel (R), first reported as one of two sources of the information by the local Herald-Palladium, confirmed the figure in an email Tuesday to the Exchange Monitor. State Rep. Joey Andrews […]

  • Holtec seeks $300M for Palisades restart from Michigan

    Holtec Decommissioning International wants the state of Michigan to provide $300 million to restart the shuttered Palisades Nuclear Generating Station, a state lawmaker confirmed Tuesday. State Rep. Pauline Wendzel (R), first reported as one of two sources of the information by the local Herald-Palladium, confirmed the figure in an email Tuesday to the Exchange Monitor. […]

  • Holtec meets with NRC to strategize on path to Palisades restart

    Holtec Decommissioning International this week pitched the Nuclear Regulatory Commission on restarting the shuttered Palisades Nuclear Plant in Michigan via a license amendment request, according to company documents posted online Monday. It was the first time the company, which wants to find a buyer to reopen and operate Palisades if suitable federal subsidies can be […]

  • Holtec meets with NRC to strategize on path to Palisades restart

    Holtec Decommissioning International this week pitched the Nuclear Regulatory Commission on restarting the shuttered Palisades Nuclear Plant in Michigan via a license amendment request, according to company documents posted online Monday. It was the first time the company, which wants to find a buyer to reopen and operate Palisades if suitable federal subsidies can be […]

  • Despite opportunity for Palisades restart in second round of plant bailouts, Holtec exploring other options 

    Even as the Department of Energy this week opened the door for a shuttered Michigan nuclear plant to qualify for its billion-dollar bailout program, the company aiming to restart the facility said it would look for federal funding elsewhere. Holtec International, which owns Palisades Nuclear Generating Station, applied for a DOE loan last week with […]

  • Enviros petition NRC for details on Holtec’s Palisades restart plan

    Two anti-nuclear groups said this week that they would try to use a federal public records law to get the original version of Holtec International’s heavily-redacted plan to restart a shuttered Michigan nuclear power plant. The Freedom of Information Act (FOIA) request, filed with the Nuclear Regulatory Commission Tuesday by lawyers for Beyond Nuclear and […]

  • Income up at Entergy thanks to Palisades, Big Rock Point sales

    Earnings for wholesale energy distribution at Entergy Corp., New Orleans, rose in 2022, largely due to the sale of the company’s last two unprofitable nuclear power facilities, according to earnings results published this week. Net income for Entergy Wholesale Commodities (EWC), the merchant nuclear business that Entergy exited over the summer with the two plant […]

  • Enviros petition NRC for details on Holtec’s Palisades restart plan

    Two anti-nuclear groups said Tuesday that they would try to use a federal public records law to get the original version of Holtec International’s heavily-redacted plan to restart a shuttered Michigan nuclear power plant. The Freedom of Information Act (FOIA) request, filed with the Nuclear Regulatory Commission Tuesday by lawyers for Beyond Nuclear and Don’t […]

  • NRC commissioner says Holtec must start ‘from scratch,’ to power up Palisades; Holtec disagrees

    ROCKVILLE, MD. — A company seeking federal funds to restart a shuttered Michigan nuclear power plant is in for a heavy lift, one of the Nuclear Regulatory Commission’s newest members said during an exclusive interview this week. “When you have a reactor that has ceased operations, and you’ve offloaded the fuel, that’s a major milestone,” […]

  • To restart shuttered Palisades plant, Holtec would need to start ‘from scratch,’ NRC commissioner Crowell says

    Editor’s Note: A full interview with NRC Commissioner Bradley Crowell will be published in the Friday, February 7 issue of RadWaste Monitor. ROCKVILLE, MD. — A company seeking federal funds to restart a shuttered Michigan nuclear power plant is in for a heavy lift, one of the Nuclear Regulatory Commission’s newest top executives said during […]

  • Palisades restart would run afoul of DOE nuclear plant bailout rules, enviros tell Granholm

    The Department of Energy cannot sign off on a decommissioning company’s gambit to restart a shuttered Michigan nuclear power plant, a coalition of anti-nuclear groups told the Secretary of Energy in a letter this week. Holtec International’s proposed bid on DOE’s civil nuclear credits program, aimed at securing federal funding for Palisades Nuclear Generating Station, […]

  • Palisades restart would run afoul of DOE nuclear plant bailout rules, enviros tell Granholm

    The Department of Energy cannot sign off on a decommissioning company’s gambit to restart a shuttered Michigan nuclear power plant, a coalition of anti-nuclear groups told the Secretary of Energy in a letter Monday. Holtec International’s proposed bid on DOE’s civil nuclear credits program, aimed at securing federal funding for Palisades Nuclear Generating Station, “goes […]

  • In reversal, Holtec to again seek federal bailout for shuttered Palisades plant

    The company in charge of decommissioning a shuttered Michigan nuclear power plant said this week that it would make another attempt to restart the facility via a federal bailout scheme. Although it had previously tamped down the possibility that it could participate in the second round of the Department of Energy’s civil nuclear credits program, […]

  • In reversal, Holtec to again seek federal bailout for shuttered Palisades plant

    The company in charge of decommissioning a shuttered Michigan nuclear power plant said Monday that it would make another attempt to restart the facility via a federal bailout scheme. Although it had previously tamped down the possibility that it could participate in the second round of the Department of Energy’s civil nuclear credits program, a […]

  • Second attempt at DOE bailout for Palisades unlikely

    After the Department of Energy snubbed a shuttered Michigan nuclear power plant for a federal bailout, the company in charge of the facility may not throw its hat in the ring for the agency’s second round of awards. A spokesperson for Holtec International, which in June took ownership of Palisades Nuclear Generating Station, told RadWaste […]

  • Second attempt at DOE bailout for Palisades unlikely

    After the Department of Energy snubbed a shuttered Michigan nuclear power plant for a federal bailout, the company in charge of the facility does may not throw its hat in the ring for the agency’s second round of awards. A spokesperson for Holtec International, which in June took ownership of Palisades Nuclear Generating Station, told […]

  • After DOE bailout plan collapses, Holtec back to decommissioning Palisades plant

    After the Department of Energy last week refused to fund a proposal to restart a recently-shuttered nuclear power plant in Michigan, the company in charge of the facility said it planned to move ahead with decommissioning, according to a spokesperson. A Holtec International spokesperson confirmed to RadWaste Monitor Nov. 18 that DOE had rejected the […]

  • Whitmer calls Palisades bailout miss a “temporary setback,” lauds restart efforts

    The governor of Michigan this week applauded the state’s efforts in its ill-fated attempt to bring a recently-shuttered nuclear power plant back online with the help of a federal bailout. Gov. Gretchen Whitmer (D) “brought together a coalition to develop a plan that would have reopened a non-operational nuclear plant for the first time in […]

  • Whitmer calls Palisades bailout miss a “temporary setback,” lauds restart efforts

    The governor of Michigan on Monday applauded the state’s efforts in its ill-fated attempt to bring a recently-shuttered nuclear power plant back online with the help of a federal bailout. Gov. Gretchen Whitmer (D) “brought together a coalition to develop a plan that would have reopened a non-operational nuclear plant for the first time in […]

  • After DOE bailout plan collapses, Holtec back to decommissioning Palisades plant

    After the Department of Energy last week refused to fund a proposal to restart a recently-shuttered nuclear power plant in Michigan, the company in charge of the facility said it planned to move ahead with decommissioning, according to a spokesperson. A Holtec International spokesperson confirmed to the Exchange Monitor Friday that DOE had rejected the […]

  • Holtec expects update on DOE bailout for Palisades by end of 2022

    Holtec International is still waiting on more information regarding a federal bailout crucial to efforts to restart a recently-shuttered nuclear power plant in Michigan, a spokesperson said this week. Holtec, which in September applied for financial assistance from the Department of Energy as part of its civil nuclear credits program, expects to hear from DOE […]

  • Michigan Gov Whitmer signs bill standing up nuclear power study

    The governor of Michigan last week signed a bill aimed at evaluating whether the Great Lake State could expand nuclear power generation in the wake of a recent plant closure, according to a press release. The measure, which Gov. Gretchen Whitmer signed into law Oct. 14, directs Michigan’s public service commission to, among other things, […]

  • Despite Palisades closure, average summer nuclear outages lower than 2021, EIA says

    Although a Michigan nuclear power plant shut down earlier than expected, capacity losses from nuclear generation outages were lower this summer than they were the year prior, the government’s independent energy auditor said in a report last week. Palisades Nuclear Generating Station, which shut down May 20, removed around 770 gigawatts (GW) of electricity from […]

  • Palisades plant to have new congressional rep after midterms

    A recently-shuttered Michigan nuclear power plant that the state hopes to get running again will have new representation in Congress after November’s midterm elections. Until this year, the Covert, Mich., Palisades Nuclear Generating Station was located within the state’s sixth congressional district, represented by Rep. Fred Upton (R-Mich.). Following a redistricting effort, the plant is […]

  • Palisades plant to have new congressional rep after midterms

    A recently-shuttered Michigan nuclear power plant that the state hopes to get running again will have new representation in Congress after November’s midterm elections. Until this year, the Covert, Mich., Palisades Nuclear Generating Station was located within the state’s sixth congressional district, represented by Rep. Fred Upton (R-Mich.). Following a redistricting effort, the plant is […]

  • Despite Palisades closure, average summer nuclear outages lower than 2021, EIA says

    Although a Michigan nuclear power plant shut down earlier than expected, capacity losses from nuclear generation outages were lower this summer than they were the year prior, the government’s independent energy auditor said in a report last week. Palisades Nuclear Generating Station, which shut down May 20, removed around 770 gigawatts (GW) of electricity from […]

  • Mich. lawmaker hopes to see Palisades reopen, praises restart efforts

    A Michigan state representative sponsoring legislation to support developing nuclear power in the Great Lake State said this week that a recently-closed nuclear facility should be part of such a push. Gov. Gretchen Whitmer’s (D) support for a proposal to restart Palisades Nuclear Generating Station using cash from a Department of Energy bailout is “really […]

  • Mich. lawmaker hopes to see Palisades reopen, praises restart efforts

    A Michigan state representative sponsoring legislation to support developing nuclear power in the Great Lake State said Tuesday that a recently-closed nuclear facility should be part of such a push. Gov. Gretchen Whitmer’s (D) support for a proposal to restart Palisades Nuclear Generating Station using cash from a Department of Energy bailout is “really good,” […]

  • Stakeholders discuss Palisades restart gambit at NRC decom meeting

    Members of the public this week weighed in on a proposal to bring a recently-shuttered Michigan nuclear power plant back online during a Nuclear Regulatory Commission meeting. During the meeting Thursday evening NRC was set to receive public comments on Palisades Nuclear Generating Station’s post-decommissioning shutdown activities report (PSDAR), an action plan required for dismantling […]

  • NRC to host meeting on Palisades decom plan

    The Nuclear Regulatory Commission was scheduled this week to host a public meeting to discuss decommissioning plans for a recently-shuttered nuclear power plant in Michigan, according to the agency’s schedule. The NRC meeting, which will be held in-person Thursday at Lake Michigan College in South Haven, Mich., will allow members of the public to comment […]