Biden Administration Offers $1.5 Billion to Reopen Shuttered Michigan Nuclear Plant

• Federal government providing $1.5B loan to restart Palisades nuclear plant in Michigan by late 2025 • Plant was shut down in 2022 after being purchased by Holtec International with plans to dismantle • Now the focus is to reopen it, with support from Michigan state government and Biden administration • Faces hurdles like inspections, testing, and approval from U.S. Nuclear Regulatory Commission
• Critics have emerged requesting hearing to oppose "zombie reactor," but nuclear power seeing more support