Palisades Nuclear Power Plant was shutdown and taken offline in May 2022 and sold to Holtec International one month later. Now, with a $1.52 billion investment from the U.S. Department of Energy and $150 million from the State of Michigan, Holtec Palisades will restart providing clean power for 800,000 homes.
Democratic Governor Gretchen Whitmer said for Michigan’s future it builds “100% clean energy by 2040 standard, the strongest clean energy labor standards in the nation, and tools to build more renewable energy faster.”
Republican U.S. Representative Bill Huizenga explained, “It lays the groundwork for the first-of-their-kind small modular reactors to be placed at Palisades in the future.”
Restarting the Holtec Palisades Nuclear Power Plant is scheduled for late 2025. It protects 600 union jobs and 1,100 throughout the community.