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Entergy Gives Michigan Nuclear Plant a Few Extra Years to Run

Sept. 28, 2017, 10:50 PM

Entergy Corp. will keep Michigan’s Palisades nuclear plant open until spring 2022, citing the state’s refusal to allow consumer rate increases necessary to buy out a power agreement on one of Michigan’s three nuclear facilities.

The Sept. 28 announcement reverses two years of plans by New Orleans-based Entergy to have Jackson, Mich.-based Consumers Energy Co. buy out an existing power agreement and decommission the facility in October 2018. A spokesperson for Entergy said the company still plans to close the plant when the power agreement ends, but the company hasn’t ruled out a sale, which it has sought for other ...