The US Department of Energy approved a loan disbursement of nearly $57m (€52m) on 17 March to help restart the Palisades nuclear power station in Michigan, marking the Trump administration’s first significant financial commitment to the country’s nuclear revival effort.
“Unleashing American energy dominance will require leveraging all energy sources that are affordable, reliable and secure – including nuclear energy,” said energy secretary Chris Wright. “Today’s action is yet another step toward advancing president Trump’s commitment to increase domestic energy production, bolster our security and lower costs for the American people.”