Question 1

What are the key details for the project “Construction of Small Modular Reactors (SMRs) in the US”?

Accepted Answer

The project “Construction of Small Modular Reactors (SMRs) in the US” is an infrastructure initiative in the Nuclear sector, located in Michigan, United States. Taiyo aggregates data on it from The Korea News Plus.

Question 2

What is the latest status of the project “Construction of Small Modular Reactors (SMRs) in the US”?

Accepted Answer

The status recorded for “Construction of Small Modular Reactors (SMRs) in the US” is Planned.

Question 3

Who are the main government, EPC, and private stakeholders for “Construction of Small Modular Reactors (SMRs) in the US”?

Accepted Answer

Taiyo maps the stakeholders of “Construction of Small Modular Reactors (SMRs) in the US”: EPCs/contractors (Hyundai Engineering & Construction).

Question 4

What is the budget and commercial profile for the project “Construction of Small Modular Reactors (SMRs) in the US”?

Accepted Answer

Taiyo normalizes the budget of “Construction of Small Modular Reactors (SMRs) in the US” to USD 1400000000.

Question 5

Where can I verify the source and access all details for “Construction of Small Modular Reactors (SMRs) in the US”?

Accepted Answer

This Taiyo project page references The Korea News Plus along with the original URL (https://www.newsarticleinsiders.com/news/articleView.html?idxno=2757). Taiyo standardizes official data into a consistent, searchable project profile.

Original status	Planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Description	Hyundai Engineering & Construction has signed an agreement with Holtec International to construct small modular reactors (SMRs) at the Palisades Nuclear Plant in Michigan. This project marks the first SMR construction in the United States and aims to revive the previously decommissioned plant using advanced SMR technology by 2030.
Original sector	Energy
Budget

Record type	Project
Sector	Nuclear
Article published date	2025-02-28

Construction of Small Modular Reactors (SMRs) in the US

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Country	United States of America (USA)
State	Michigan

Construction of Small Modular Reactors (SMRs) in the US

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