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United States approves $1.52B loan to restart Michigan's Palisades nuclear plant
The Biden administration said on Monday that a final deal had been made to give an energy company a $1.52 billion loan guarantee to bring a Michigan nuclear power plant back to life.
U.S. Approves Billions in Aid to Restart Michigan Nuclear Plant
No one has ever restarted an American nuclear reactor that was seemingly closed for good. But with electricity demand spiking, interest is growing.
Energy Department finalizes loan for Michigan nuclear plant revival
The Energy Department on Monday announced it has finalized a $1.5 billion loan to restart a shuttered Michigan nuclear power plant. The loan guarantee will restart the Holtec Palisades Nuclear
Nuclear plant restart boosted with closing of $1.5B federal loan guarantee
The U.S. Energy Department on Monday finalized a $1.5 billion loan guarantee to help Holtec International restart the Palisades nuclear power in southwest Michigan, an effort that will be bolstered by $1.3 billion in federal grants for two rural cooperatives that plan to buy electricity generated by the facility.
U.S. Approves $1.5B Loan To Restart Palisades Nuclear Reactor
Michigan nuclear plant Palisades closed a $1.5 billion loan to restart its reactor, which is a first in U.S. history.
US closes $1.52 billion loan to resurrect Michigan nuclear plant
The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant in Michigan, and a senior Biden administration official said it could take two years to reopen the plant,
$1.5B loan approved to restart Palisades plant
The federal government has announced the approval of a $1.52 billion loan to support the reopening of a nuclear power plant in Van Buren County. (Sept. 30, 2024)
Michigan nuclear plant finalizes federal loan to support first reactor restart in U.S. history
The restart of the reactor at Palisades would mark a milestone for the nuclear industry after a decadelong wave of reactor shutdowns in the U.S.
U.S. plans to revive reactors as AI powers nuclear renaissance
A new U.S. nuclear energy age may be dawning after years of false starts and dashed hopes. Why it matters: The data centers powering the AI revolution have an insatiable thirst for energy. Major stakeholders — in Washington,
2d
The U.S. wants to triple nuclear power by 2050. America's coal communities could provide a pathway.
The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts ...
Hosted on MSN
4h
Ukraine's Energoatom orders protection for nuclear power plants from Russian attacks after Zelenskyy's speech at UN
Energoatom, the Ukrainian state-owned nuclear power company, has only just signed an agreement worth UAH 509 million (roughly ...
2d
Nuclear Power Is the New A.I. Trade. What Could Possibly Go Wrong?
Artificial intelligence’s hunger for energy has set off a boom in utility stocks and may lead to the reopening of the Three ...
21m
East Tennessee plant that processes radioactive nuclear fuel 'safe' after Helene floods
Nuclear Fuel Services, which processes highly enriched uranium for the Navy in Unicoi County, said its plant posed no risk after flooding.
2d
America’s nuclear power revival is very good news
The announcement of a Microsoft nuclear contract at Three Mile Island is just teh start of a nuclear power revival in America ...
7d
Wall Street warms to nuclear power as banks including Goldman Sachs back drive to triple global output by 2050
More than a dozen big banks have announced their support for an effort aimed at tripling global nuclear energy production in ...
5d
US nuclear plants won't power up Big Tech's AI ambitions right away
A plan by Microsoft to use the restart of a Three Mile Island nuclear reactor to help power its expanding data centers ...
Opinion
4h
Opinion
Ed Miliband’s decision to ignore nuclear power is a disaster for Britain
Who says Whitehall can’t innovate? Last week Energy Department officials told us that a heat pump “generates three times more ...
4d
on MSN
Tech bros and bankers rally around nuclear power to fuel AI's rapid rise
Microsoft, Oracle, and Amazon have struck deals in nuclear power in hopes of supplying data centers with carbon-free ...
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