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Tag: loan programs office

Lawmakers urge federal funding for Palisades restart

December 23, 2023, 3:30PMNuclear News
Palisades nuclear power plant. (Photo: Holtec)

A bipartisan group of nine House members is calling on the Department of Energy to give “fair, full, and swift consideration” to Holtec International’s application for DOE Loan Programs Office funding to restart the company’s Palisades nuclear plant, closed last year by the facility’s previous owner, Entergy.

Holtec seeking state aid for Palisades restart

April 17, 2023, 7:00AMNuclear News

The Palisades nuclear power plant may have entered retirement, but it’s not dead yet. Plant owner Holtec International is continuing with its unprecedented effort to restart the Covert, Mich., single-unit facility, shuttered 11 months ago by previous owner Entergy.

NIA report calls for DOE transformation

January 23, 2023, 3:01PMANS Nuclear Cafe

The Nuclear Innovation Alliance (NIA) released a new report last week titled Transforming the U.S. Department of Energy: Paving the Way to Commercialize Advanced Nuclear Energy, which gives recommendations for how the Department of Energy (DOE) can help advanced nuclear power technologies cross the finish line to commercialization. It calls for a “whole-of-government and whole-of-society effort dependent on successful public-private partnerships.”

The NIA report acknowledges that boosting energy security and meeting decarbonization goals will require at least double the domestic nuclear energy capacity that is on line today. But the nuclear industry is highly complex, and its supply chain is atrophied. The success of advanced nuclear technology will depend on careful collaboration and planning to bolster a new supply chain.

ANS-DOE discussion on decarbonization

December 6, 2022, 3:01PMANS News

ANS will host a members-only event on December 7 from 1:00 to 2:00 p.m. EST with Jigar Shah, director of the Department of Energy’s Loan Programs Office (LPO). Craig Piercy, ANS executive director and chief executive officer, will lead the interview.

Register now: Hear about the ambitious goals of the Biden administration to decarbonize the power sector by 2035, which were highlighted in Shah’s article in the November issue of Nuclear News. Shah will also discuss how nuclear can be an important part of the decarbonized energy mix in the United States and how he believes the LPO can support the administration’s target.