nuclear energy

Supporters of the restart say historic levels of federal and state subsidies, and a committed customer for the next 30 years, should mean better financial results for Palisades' second act.

Governor Gretchen Whitmer told an economic forum Monday that nuclear energy is a necessary part of her goal to generate all of Michigan’s electricity without fossil fuels.

The southwest Michigan plant was rumored to be set for the loan last month. The plant could come online in late 2025.

The Palisades Nuclear Plant was reported by Bloomberg News to be on the verge of getting the loan from the U.S. Department of Energy.

British engine maker Rolls Royce is working to develop a nuclear reactor that’s larger than what Indiana state law allows. Lawmakers are working to change the law to accommodate the company — even though it could be a decade before the reactor is ready for launch.

The owner of the Palisades Nuclear Plant in southwest Michigan said there’s still hope for restarting the out-of-service facility. But no nuclear plant in the U.S. has successfully restarted after officially closing.

A bill in a Michigan Senate committee would require a study to look at the potential effects of building nuclear plants in the state.

The Palisades power plant in Covert, Michigan was shut down last last week, likely for the last time. Decommissioning the plant to follow, unless state finds a last-minute buyer.

Michigan could study building more nuclear facilities under a plan advancing in the state Legislature.

Purdue University plans to explore advanced nuclear energy technologies in collaboration with Duke Energy to meet campus power needs.