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.

  • Fuel assembly incident halts Holtec’s fuel loading activities at Palisades

    Holtec has paused fuel loading activity at the Palisades power plant in Michigan following an incident with its fuel assembly, the company said. In a progress report released by Holtec on Sept. 21, the company said one fuel assembly tilted from its upright position after it was placed. The fuel-handling machine grapple was disengaged later. […]

  • Holtec reports regulatory progression in Palisades SMR plans

    Holtec International submitted its preliminary safety analysis report (PSAR) for its two Palisades small modular reactors (SMRs) to the Nuclear Regulatory Commission on Wednesday. The PSAR provides NRC with detailed technical and safety information for its two SMR-300 reactors, named Pioneer Units 1 and 2, located at the recommissioning Palisades nuclear plant in Covert Township, […]

  • Fuel assembly incident halts Holtec’s fuel loading activities at Palisades

    Holtec has paused fuel loading activity at the Palisades power plant in Michigan following an incident with its fuel assembly, the company said. In a progress report released by Holtec on Sept. 21, the company said one fuel assembly tilted from its upright position after it was placed. The fuel-handling machine grapple was disengaged later. […]

  • Holtec hits the pause button on IPO, partly due to data center backlash

    After earlier reports from media outlets about Holtec suspending its initial public offering (IPO), the company officially said Thursday that it will postpone the launching of its IPO due to recent market conditions. In its company’s press release, Holtec said: “The decision to postpone the offering has been caused by the unusual confluence of developments […]

  • Holtec targets $10 billion-plus valuation in IPO announcement

    Holtec is anticipating a multi-billion-dollar valuation, announcing the launch of the roadshow  for its initial public offering (IPO) in an amended Securities and Exchange Commission (SEC) filing Tuesday. After initially filing registration for an IPO in July, Holtec said in its press release it plans to offer 50 million shares at prices that range between […]

  • Holtec shoots for $10 billion-plus valuation in IPO announcement

    Holtec is gearing up for a multi-billion-dollar valuation, announcing the launch of the roadshow for its initial public offering (IPO) in an amended Securities and Exchange Commission (SEC) filing Tuesday. After initially filing registration for an IPO in July, Holtec said in its press release it plans to offer 50 million shares at prices that […]

  • Fuel loading gets underway at Palisades nuclear plant

    Fuel loading is underway at the Palisades nuclear plant in Michigan, marking one of the key final steps toward restarting the reactor that shut down in 2022, Holtec International announced Sunday. “We are thrilled to announce that Palisades began the process for loading nuclear fuel into the plant’s reactor vessel this morning, marking a historic […]

  • Fuel loading begins at Palisades, Holtec says

    Fuel loading is underway at the Palisades nuclear plant in Michigan, marking one of the key final steps toward restarting the reactor that shut down in 2022, Holtec International announced Sunday. “We are thrilled to announce that Palisades began the process for loading nuclear fuel into the plant’s reactor vessel this morning, marking a historic […]

  • Component fabrication underway for Holtec’s HI-TEST facility at INL

    Holtec’s HI-TEST facility, located at the Department of Energy’s Idaho National Laboratory (INL), is preparing for key components to be fabricated and installed at the facility, the company said this week. The HI-TEST facility will serve as a one-third representation of its SMR-300 small modular reactor (SMR) plant and to calculate performance margins in the […]

  • An environmental coalition files appeals to federal courts in an effort to halt Palisades’ restart

    Two environmental organizations filed appeals to two U.S. Courts of Appeals in pursuit of continuing its challenge to Holtec International’s Palisade Nuclear Generating Station restart in Michigan. The coalition of environmental organizations Don’t Waste Michigan and Michigan Safe Energy Future filed its first appeal to the Sixth Circuit U.S.  Court of Appeals in Cincinnati, Ohio […]

  • Holtec, Entergy and HDEC to explore SMR development along Gulf Coast

    Holtec International, Hyundai Engineering & Construction (HDEC) and Entergy have agreed to jointly  explore building Holtec’s SMR-300 small modular reactors along the Gulf Coast of Alabama, Florida, Louisiana, Mississippi and Texas. The three companies look to establish a framework to analyze customer demand and potential sites for the SMR-300 reactor, according to Holtec’s Tuesday press […]

  • Holtec, Entergy and HDEC to explore SMR development along Gulf Coast

    Holtec International, Hyundai Engineering & Construction (HDEC) and Entergy have agreed to jointly  explore building Holtec’s SMR-300 small modular reactors along the Gulf Coast of Alabama, Florida, Louisiana, Mississippi and Texas. The three companies look to establish a framework to analyze customer demand and potential sites for the SMR-300 reactor, according to Holtec’s Tuesday press […]

  • NRC approves Holtec’s license termination plan for Oyster Creek

    The Nuclear Regulatory Commission approved Holtec International’s license termination plan for the decommissioning of Oyster Creek Generating Station in New Jersey, the company said Thursday. Holtec said in a press release this regulatory approval opens the door for it to move forward with plans to build four small modular reactors (SMRs) at the Oyster Creek […]

  • Round Up: NRC, MMA sign MOU; DOE greenlights Oklo’s Groves test reactor; Coe exits as DOE chief of staff, Dankert in and more

    The Nuclear Regulatory Commission and Marine Minerals Administration have signed a memorandum of understanding (MOU) Wednesday to create a framework for potential nuclear reactors to be built on the ocean.  The possible reactors would be particularly deployed on the Outer Continental Shelf, which the Bureau of Ocean Energy Management (BOEM) defines as “all submerged lands […]

  • Holtec moves forward with plans to go public

    After a year of floating around the idea of going public, Holtec International officially filed its registration statement with the Securities and Exchange Commission (SEC) to start the process. The Form S-1, which is required by the SEC for domestic companies to submit to offer public offerings, was on July 10, but has not become […]

  • Holtec moves forward with plans to go public

    After a year of floating around the idea of going public, Holtec International officially filed its registration statement with the Securities and Exchange Commission (SEC) to start the process. The Form S-1, which is required by the SEC for domestic companies to submit to offer public offerings, was on July 10, but has not become […]

  • Palisades inches closer to restart with big projects completed, Holtec says

    Holtec International has completed major projects at the Palisades nuclear power plant in Michigan and has transitioned to the remaining routine maintenance and testing readiness work required before restarting operations. According to Holtec’s July 2 press release, major projects completed during this phase include placement of the plant’s turbine generator “on turning gear” and installation […]

  • Palisades inches closer to restart with big projects completed, Holtec says

    Holtec International has completed major projects at the Palisades nuclear power plant in Michigan and has transitioned to the remaining routine maintenance and testing readiness work required before restarting operations. According to Holtec’s July 2 press release, major projects completed during this phase include placement of the plant’s turbine generator “on turning gear” and installation […]

  • NRC invites public comment on environmental review of Holtec’s Palisades SMRs

    The Nuclear Regulatory Commission is seeking public input on the environmental review of Holtec’s two proposed small modular reactors (SMRs) at Palisades Nuclear Plant in Michigan. Comments on the scope of Holtec’s Palisades SMR project’s environmental impact statement are due by July 15. The agency is looking for public comments to identify possible alternatives, environmental […]

  • NRC invites public comment on environmental review of Holtec’s Palisades SMRs

    The Nuclear Regulatory Commission is seeking public input on the environmental review of Holtec’s two proposed small modular reactors (SMRs) at Palisades Nuclear Plant in Michigan. Comments on the scope of Holtec’s Palisades SMR project’s environmental impact statement are due by July 15. The agency is looking for public comments to identify possible alternatives, environmental […]

  • Holtec’s SMR-300 picked for Utah’s Green River project

    Holtec International said last week it was selected to power the Green River Advanced Nuclear Project in Emery County, Utah,  Holtec will construct its SMR-300 small modular reactor (SMR) in Emery County under Gov. Spencer Cox’s (R) state initiative Operation Gigawatt to double energy production within 10 years. The company’s SMR-300 is a pressurized water […]

  • Holtec’s SMR-300 picked for Utah’s Green River project

    Holtec International said last week it was selected to power the Green River Advanced Nuclear Project in Emery County, Utah,  Holtec will construct its SMR-300 small modular reactor (SMR) in Emery County under Gov. Spencer Cox’s (R) state initiative Operation Gigawatt to double energy production within 10 years. The company’s SMR-300 is a pressurized water […]

  • Round Up: NASA’s Artemis II launching; Air Force RFI for SMRs; Holtec SMR-300 UK makes progress; NRC makes two personnel moves

    The National Aeronautics and Space Administration (NASA) launched Artemis II this week, beginning its string of upcoming lunar missions. NASA’s Artemis II 10-day, four person mission is to verify Orion spacecraft and systems that are designed to travel into deep space with people on board. The mission involves circling around the moon before heading back […]

  • Palisades Plant inches closer to restart; SMR plans advance

    Holtec International completed major refurbishment projects for the shuttered Palisades reactor in Michigan and is on track to restart the plant probably in the first half of this year, the company said this week. Site preparation is also getting underway for a couple of planned small modular reactors at the property that could enter service […]

  • Palisades Plant inches closer to restart following refurbishment

    Holtec International completed major refurbishment projects for the shuttered Palisades reactor in Michigan and is on track to restart the plant probably in the first half of this year, the company said Monday. Site preparation is also getting underway for a couple of planned small modular reactors at the property that could enter service in […]

  • NRC accepts Holtec’s SMR partial construction permit application

    The Nuclear Regulatory Commission (NRC) has accepted the first part of a Holtec International subsidiary’s construction permit application for review, according to Holtec’s Wednesday LinkedIn post. NRC said in a Feb. 13 letter it has completed the acceptance review for the permit, submitted Dec. 31 by Holtec’s SMR, LLC..  Along with the first part of […]

  • NRC accepts Holtec’s SMR partial construction permit application

    The Nuclear Regulatory Commission (NRC) has accepted the first part of a Holtec International subsidiary’s construction permit application for review, according to Holtec’s Wednesday LinkedIn post. NRC said in a Feb. 13 letter it has completed the acceptance review for the permit, submitted Dec. 31 by Holtec’s SMR, LLC.. Along with the first part of […]

  • NRC receives partial construction permit application for Holtec’s SMRs

    The Nuclear Regulatory Commission (NRC) has received the first stage of a Holtec subsidiary’s two-part construction permit application for two small modular reactors (SMRs) at Palisaded nuclear power plant in Michigan. NRC is reviewing the application to see if it is complete. If so, the application will then be docketed for a detailed technical review […]

  • NRC receives partial construction permit application for Holtec’s SMRs

    The Nuclear Regulatory Commission (NRC) has received the first stage of a Holtec subsidiary’s two-part construction permit application for two small modular reactors (SMRs) at Palisaded nuclear power plant in Michigan. NRC is reviewing the application to see if it is complete. If so, the application will then be docketed for a detailed technical review […]

  • Holtec lands contract to build used fuel facilities for Taiwan Power

    Holtec International has landed a Taiwan Power Co. contract to build indoor dry spent fuel storage facilities at both the Chinshan and Kuosheng plant sites, Holtec said Monday. The work at these four boiling water reactor (BWR) units bring Holtec’s global dry storage client roster to 155 worldwide, according to Holtec’s Monday press release. “This […]