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Nuclear, Michigan
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.
Feds finalize $1.5B for Palisades; Michigan nuclear plant restart seems likely
The plant along Lake Michigan is 53 years-old and closed in 2022. But there’s momentum to bring it back online amid a push to diversify national energy sources.
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.
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.
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,
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 ...
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 ...
1d
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 ...
6d
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 ...
2d
Nvidia’s Huang Says Nuclear Power an Option to Feed Data Centers
Nvidia Corp. Chief Executive Officer Jensen Huang, who helped create the technology at the heart of the explosion in ...
2d
Slovakia's PM Fico to discuss nuclear power plans in S Korea visit
Slovakia's Prime Minister Robert Fico said on Friday he will discuss plans to build a new nuclear power unit during a visit ...
3d
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 ...
THE CHOSUNILBO on MSN
10h
Energy concerns grow as S. Korea’s nuclear plants continue to close
As nuclear power plants in South Korea continue to shut down, concerns about the nation’s future energy supply are rising.
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 ...
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