.Palisades Nuclear Plant. The nuclear power plant is located near Covert, MI in NRC Region III.In a bold move to rejuvenate the nation’s aging nuclear infrastructure, the Biden administration has pledged a substantial loan guarantee to resurrect a dormant nuclear power facility in Michigan. This initiative aims at a significant commitment to sustainable energy and reflects a broader strategy to support carbon-neutral power sources.
In an unexpected turn of events, Holtec, which initially acquired Palisades to decommission it, shifted gears towards reviving the plant. This effort received a significant endorsement from Michigan Governor Gretchen Whitmer, who underscored the plant’s potential to catalyze economic growth and position Michigan at the forefront of clean energy innovation.
“Nuclear power is our single largest source of carbon free electricity, directly supporting 100,000 jobs across the country and hundreds of thousands more indirectly,” said US Secretary of Energy Jennifer M. Granholm. “President Biden’s Investing in America agenda is supporting and expanding this vibrant clean energy workforce here in Michigan with significant funding for the Holtec Palisades nuclear power plant.