Published 15 days ago • loading... • Updated 14 days ago

Trump DOE releases part of $1.5B Biden Palisades nuclear plant loan

Santee Cooper is considering options for the unfinished V.C. Summer nuclear reactors after halting construction in 2017 due to cost overruns and contractor bankruptcy, according to CEO Jimmy Staton.
Experts suggest that completing the V.C. Summer project could take five to eight years, depending on the acquisition process and site audits.
Governor Henry McMaster believes restarting the reactors could lead to a nuclear power renaissance, boosting investment in new nuclear energy and meeting future power needs in South Carolina.
Craig Stover remarked that a recent state report improved public confidence in the project's viability and reflects potential successful construction resumption.

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Denver Gazette

Lean Right

Head of Trump's energy loan office departs this week

By Timothy Gardner

14 days ago

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U.S. News

Lean Left

Head of Trump's Energy Loan Office Departs This Week

14 days ago·New York, United States

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LancasterOnline

Center

Three Mile Island owner will hold virtual public meting to discuss environmental impact

The owner of the Three Mile Island nuclear plant is scheduled to discuss the environmental impacts of restarting the reactor on Thursday from 1 to 3 p.m.

14 days ago·Lancaster, United States

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Wood TV

Center

$56.8 million released for Palisades nuclear plant restart

COVERT TOWNSHIP, Mich. (WOOD) — The White House is lending additional support to efforts to restart the Palisades nuclear power plant in West Michigan with a new financial boost from the U.S. Department of Energy. The department on Monday announced an approximately $56.8 million disbursement to Holtec International, the company working to restart the plant. The funding is part of a broader $1.5 billion federal loan guarantee. $1.5B loan app…

14 days ago

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Detroit Free Press

Lean Left

Trump administration approves loan payment for restarting Palisades nuclear plant

The loan disbursement by President Trump's Department of Energy signals continued support for the Biden-era initiative to restart the Palisades plant.

14 days ago·Detroit, United States

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Michigan Live

Center

Trump DOE releases part of $1.5B Biden Palisades nuclear plant loan

COVERT, MI — The Trump administration says it has released part of a loan approved under the Biden administration to help reopen the Palisades nuclear power plant.

15 days ago·Michigan, United States

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