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Palisades / Michigan Budget Includes $150 Million To Support Nuclear Reactor Restart

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Archived news summary. This item reflects its original publication date. Follow the source link below for the publisher’s full article.

The US state of Michigan’s newly approved budget includes $150m (€137m) to support the restart of the Palisades nuclear power station, which was shut down in May 2022.

Provision of the money depends on federal support for the reopening.

Holtec International, the company that bought the single-unit station, has been working to get federal and state support to help restart the plant. Palisades, on the shore of Lake Michigan in Covert Township, began commercial operation in 1971.

The 805-MW pressurised water reactor unit was bought by Holtec just weeks after its May 2022 shutdown.

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