A company seeking to restart a southwestern Michigan nuclear power plant says it has taken a major step forward with the signing of a power purchase agreement.
Holtec bought the former Palisades Nuclear Generating Station in Covert Township in June 2022 for the stated purpose of dismantling the plant after previous owner Entergy shut it down weeks earlier. Fuel was removed from the reactor core and federal regulators were notified of “permanent cessation of power operations.”and leaders in the Lake Michigan community where Palisades was a key economic player for 50 years, Holtec began a campaign to bring back the 800-megawatt plant.
Wolverine CEO Eric Baker said restarting Palisades “offers a practical, long-term solution to electric reliability in our state and aligns with Michigan’s ambitious goals to reduce carbon emissions.”
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