EIR Archives https://www.powermag.com/tag/eir/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Wed, 19 Nov 2025 15:43:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg EIR Archives https://www.powermag.com/tag/eir/ 32 32 Research Group: U.S. Exits Coal by 2040 as Solar, Nuclear, Natural Gas Surge https://www.powermag.com/research-group-u-s-exits-coal-by-2040-as-solar-nuclear-natural-gas-surge/ https://www.powermag.com/research-group-u-s-exits-coal-by-2040-as-solar-nuclear-natural-gas-surge/#respond Tue, 18 Nov 2025 17:45:34 +0000 https://www.powermag.com/?p=245197 An energy research group said U.S. power generation capacity will be led by solar power in the short term, natural gas in the mid term, and nuclear power in the long term as coal-fired units continue to be retired.

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Solar array and transmission lines

]]> https://www.powermag.com/research-group-u-s-exits-coal-by-2040-as-solar-nuclear-natural-gas-surge/feed/ 0 Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart https://www.powermag.com/trump-administration-backs-1-52b-loan-for-palisades-nuclear-restart/ https://www.powermag.com/trump-administration-backs-1-52b-loan-for-palisades-nuclear-restart/#respond Mon, 17 Mar 2025 22:29:03 +0000 https://www.powermag.com/?p=230936 The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]

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In September 2024, the Department of Energy finalized a $1.52 billion loan guarantee to Holtec Palisades LLC to support the restoration and recommissioning of the 800-MW Palisades Nuclear Plant in Covert Township, Michigan. Originally shut down in May 2022, the plant is set to return to service and operate until at least 2051, pending U.S. Nuclear Regulatory Commission approvals. It could mark the first-ever recommissioning of a retired nuclear power plant in U.S. history. Source: DOE

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