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How a shuttered power plant in Michigan could pave the way for more nuclear energy - TL;DR CNBC

How a shuttered power plant in Michigan could pave the way for more nuclear energy

Publishing timestamp: 2024-08-03 11:09:12


Summary

The Palisades Power Plant in Michigan could become the first nuclear reactor to restart operations in U.S. history. Holtec International plans to reopen the plant in late 2025 and expand it with small modular reactors in 2030. The move is seen as a turning point for the nuclear industry, with growing interest from lawmakers, tech companies, and utilities in nuclear power as a reliable, carbon-free energy source to meet rising electricity demand and address climate change.


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Keywords: constellation energy corpbusiness newsbreaking news: marketsentergy corpmarketsenergysouthern conextera energy inc

Source: https://www.cnbc.com/2024/08/03/how-a-shuttered-power-plant-in-michigan-could-pave-the-way-for-more-nuclear-energy.html


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