Holtec Archives http://www.powermag.com/tag/holtec/ 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, 03 Dec 2025 14:26:33 +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 Holtec Archives http://www.powermag.com/tag/holtec/ 32 32 DOE Selects TVA, Holtec to Receive $800 Million to Advance SMR Deployment https://www.powermag.com/doe-selects-tva-holtec-to-receive-800-million-to-advance-smr-deployment/ https://www.powermag.com/doe-selects-tva-holtec-to-receive-800-million-to-advance-smr-deployment/#respond Wed, 03 Dec 2025 13:56:38 +0000 https://www.powermag.com/?p=245967 The U.S. Department of Energy (DOE) said the agency has selected the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the U.S. The DOE on December 2 said project teams with the two groups will receive up to $800 million in "federal cost-shared funding" targeted for projects in Tennessee and Michigan.

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GE Vernova Hitachi Nuclear Energy BWRX-300 small modular reactor

]]> https://www.powermag.com/doe-selects-tva-holtec-to-receive-800-million-to-advance-smr-deployment/feed/ 0 Successfully Closing a Power Plant? It’s All in the Details https://www.powermag.com/successfully-closing-a-power-plant-its-all-in-the-details/ https://www.powermag.com/successfully-closing-a-power-plant-its-all-in-the-details/#respond Wed, 12 Nov 2025 23:26:00 +0000 https://www.powermag.com/?p=244858 The retirement of older thermal power generation facilities, driven by a transition to cleaner forms of energy, has increased in recent years as utilities and other power generators mothball plants that are uneconomic or simply no longer needed.

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Figure 2 - NRC_C

]]> https://www.powermag.com/successfully-closing-a-power-plant-its-all-in-the-details/feed/ 0 Restart of Indian Point Nuclear Plant? ‘Yes,’ Says Holtec Official https://www.powermag.com/restart-of-indian-point-nuclear-plant-yes-says-holtec-official/ https://www.powermag.com/restart-of-indian-point-nuclear-plant-yes-says-holtec-official/#respond Wed, 10 Sep 2025 21:04:38 +0000 https://www.powermag.com/?p=241274 A 2-GW nuclear power plant in New York State that was shut down in 2021 could be restarted, an official with Holtec International said. The Indian Point station, which sits near the Hudson River in Buchanan, New York, is the latest among a handful of shuttered U.S. nuclear power facilities being considered for reopening as […]

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]]> https://www.powermag.com/restart-of-indian-point-nuclear-plant-yes-says-holtec-official/feed/ 0 Palisades Nuclear Plant Moved to Operations Status, Ready to Receive Fuel https://www.powermag.com/palisades-nuclear-plant-moved-to-operations-status-ready-to-receive-fuel/ https://www.powermag.com/palisades-nuclear-plant-moved-to-operations-status-ready-to-receive-fuel/#respond Tue, 26 Aug 2025 20:30:42 +0000 https://www.powermag.com/?p=240337 Holtec International said the Palisades Power Plant, which was closed in 2022 and set for decommissioning, is now the first U.S. nuclear power plant to officially return to operations status. Holtec, which bought the Michigan-based plant to decommission it but instead decided the facility could be restarted, on August 25 said Palisades is now authorized […]

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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

]]> https://www.powermag.com/palisades-nuclear-plant-moved-to-operations-status-ready-to-receive-fuel/feed/ 0 DOE Approves Fifth Loan Disbursement to Holtec for Historic Restart of Palisades Nuclear Plant https://www.powermag.com/doe-approves-fifth-loan-disbursement-to-holtec-for-historic-restart-of-palisades-nuclear-plant/ https://www.powermag.com/doe-approves-fifth-loan-disbursement-to-holtec-for-historic-restart-of-palisades-nuclear-plant/#respond Thu, 07 Aug 2025 21:35:34 +0000 https://www.powermag.com/?p=239104 The U.S. Department of Energy released an $83.2 million loan disbursement to Holtec International on Thursday, bringing total federal funding to $335.1 million as the company moves toward completing America’s first commercial nuclear reactor restart. The fifth installment under DOE’s $1.52 billion loan guarantee follows key Nuclear Regulatory Commission (NRC)  approvals that authorized Holtec to […]

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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

]]> https://www.powermag.com/doe-approves-fifth-loan-disbursement-to-holtec-for-historic-restart-of-palisades-nuclear-plant/feed/ 0 DOE Releases More Funding to Reopen Palisades Nuclear Plant https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/ https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/#respond Tue, 22 Apr 2025 18:43:15 +0000 https://www.powermag.com/?p=232898 Energy Secretary Chris Wright on April 22 announced the release of the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant in Michigan.

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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

]]> https://www.powermag.com/doe-releases-more-funding-to-reopen-palisades-nuclear-plant/feed/ 0 Tear It Down or Start It Back Up? Plant Owners Weigh Options Around Retired Reactors https://www.powermag.com/tear-it-down-or-start-it-back-up-plant-owners-weigh-options-around-retired-reactors/ https://www.powermag.com/tear-it-down-or-start-it-back-up-plant-owners-weigh-options-around-retired-reactors/#respond Tue, 19 Nov 2024 16:58:06 +0000 https://www.powermag.com/?p=225396 Nuclear power plants are still being dismantled, and the business of decommissioning remains strong, but the need for more baseload power and emissions-free generation has some companies ready to restart idled

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Fig1-Palisades-nuclear-power-plant-Entergy

]]> https://www.powermag.com/tear-it-down-or-start-it-back-up-plant-owners-weigh-options-around-retired-reactors/feed/ 0 DOE Loan Programs Office Publishes Community Benefits Plans for Energy Projects https://www.powermag.com/doe-loan-programs-office-publishes-community-benefits-plans-for-energy-projects/ https://www.powermag.com/doe-loan-programs-office-publishes-community-benefits-plans-for-energy-projects/#respond Tue, 29 Oct 2024 19:26:56 +0000 https://www.powermag.com/?p=224887 The U.S. Dept. of Energy’s (DOE’s) Loan Programs Office (LPO) has published Community Benefits Plans (CBPs) for several projects that recently finalized financing from the agency. The projects include the restart of the Palisades nuclear power station in Michigan, which is expected next year. The DOE on Oct. 29 said the CBPs are part of […]

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]]> https://www.powermag.com/doe-loan-programs-office-publishes-community-benefits-plans-for-energy-projects/feed/ 0 UK SMR Competition Narrows Contenders to Four Nuclear Designs https://www.powermag.com/uk-smr-competition-narrows-contenders-to-four-nuclear-designs/ https://www.powermag.com/uk-smr-competition-narrows-contenders-to-four-nuclear-designs/#respond Thu, 26 Sep 2024 14:27:37 +0000 https://www.powermag.com/?p=223578 The UK government has narrowed its shortlist of technologies competing in its flagship Small Modular Reactor (SMR) competition to four candidates. On Sept. 25, it announced that Westinghouse, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, and Rolls-Royce SMR remain in the running to negotiate potentially multi-billion-pound nuclear technology development contracts under the fast-track initiative aimed at […]

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The 470-MWe Rolls-Royce SMR, a pressurized water reactor, has a 60-year design life and a capacity factor above 95%. Its modular construction, involving 1,500 transportable modules, aims to reduce on-site construction time. The SMR is designed with both passive and active safety features, and it has potential for cogeneration applications. Rolls-Royce SMR targets both domestic and international markets, focusing on scalability and competitive energy generation. Courtesy: Rolls-Royce SMR

]]> https://www.powermag.com/uk-smr-competition-narrows-contenders-to-four-nuclear-designs/feed/ 0 Palisades Nuclear Plant on Path to Recommissioning by 2025 https://www.powermag.com/palisades-nuclear-plant-on-path-to-recommissioning-by-2025/ https://www.powermag.com/palisades-nuclear-plant-on-path-to-recommissioning-by-2025/#respond Wed, 27 Mar 2024 14:00:28 +0000 https://www.powermag.com/?p=217495 The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

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Palisades-nuclear-plant-Entergy

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