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Palisades Nuclear Power Plant Restart and SMR Deployment

Sector: Nuclear • Location: Covert, Michigan, United States

Source: Bulletin of the Atomic Scientists

Project
Planned

Holtec acquired the Palisades nuclear plant in Michigan with plans to restart the mothballed reactor and deploy small modular reactors (SMRs) on site. The plant was shut down in 2022, but Holtec obtained a $1.52 billion loan guarantee in 2024 to support the restart. The SMR-300 design remains in early pre-licensing stages with no formal NRC license application filed yet.

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The project “Palisades Nuclear Power Plant Restart and SMR Deployment” is an infrastructure initiative in the Nuclear sector, located in Covert, Michigan, United States. Taiyo aggregates data on it from Bulletin of the Atomic Scientists.

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planned

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Description

Description

Holtec acquired the Palisades nuclear plant in Michigan with plans to restart the mothballed reactor and deploy small modular reactors (SMRs) on site. The plant was shut down in 2022, but Holtec obtained a $1.52 billion loan guarantee in 2024 to support the restart. The SMR-300 design remains in early pre-licensing stages with no formal NRC license application filed yet.

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