The Palisades Power Plant in Covert, Michigan, could become the first nuclear reactor to restart operations in U.S. history.
The plant's owner, Holtec International, aims to reopen the plant in late 2025, subject to review and approval by the Nuclear Regulatory Commission.
But Palisades is now poised to become the first reactor in U.S. history to reopen after shutting down. Lawmakers on both sides of the political divide, tech companies and leading utilities increasingly view nuclear as a crucial source of reliable, carbon-free energy to supply rising electricity demand in the U.S. while slashing emissions to address climate change.
"Our goal is to be able to increase plants in the country and elsewhere in the world with small modular reactors," he said.But Michigan Gov. Gretchen Whitmer made restarting Palisades a priority, saying it could support the state's push to produce all of its energy from clean sources by 2040. Whitmer signed bipartisan legislation that provided state funding and supported Holtec's application for federal financing.
But building new nuclear plants is slow and expensive. Sometimes plants can get mired in legal challenges. Southern recently completed the first new plant in decades, but the project was The Big Tech companies are also showing growing interest in nuclear, including Holtec's SMR program. As the tech giants build out power-hungry data centers to support AI, they are still hoping to meet their climate goals.
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