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Will the Palisades nuclear plant face significant delays in its restart by June 30, 2025?
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Palisades•Covert Township•Michigan•Lake Michigan•United States•Department of Energy•Three Mile Island
Resolution / Starting Odds
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Official reports from the Department of Energy or Entergy Corporation
Story
Michigan's Palisades Nuclear Plant on Lake Michigan Secures $1.5 Billion Loan for Historic Restart
Sep 30, 2024, 11:48 AM
The Palisades nuclear plant in Covert Township, Michigan, on the shores of Lake Michigan, has secured a $1.5 billion federal loan to restart operations, marking the first-ever restart of a closed nuclear power plant in U.S. history. This loan is part of a broader initiative to revive nuclear energy in the United States, with the Department of Energy approving the funding. The reopening of Palisades is seen as a significant step in the nuclear renaissance, with other plants like Three Mile Island also being considered for reopening.
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