Posted 3/27/2024, 8:55:00 PM
Biden Seeks to Reopen Shuttered Michigan Nuclear Plant
- Biden administration announces $1.5 billion loan to reopen shuttered Palisades Nuclear Plant in Michigan
- Plant operated 1977-2022; would be first instance of a shuttered US nuclear plant reopening
- Administration projects plant will produce carbon-free power through at least 2051
- Restart targeted for late 2025; projected to drive $363 million economic impact in Michigan
- Supports administration's clean energy goals; nuclear power is largest source of carbon-free electricity
