Holtec Plan to Reopen Nuclear Plant Backed by Michigan Governor

Operations at Holtec International’s recently shuttered Palisades nuclear plant—one of Michigan’s three nuclear facilities—could be revived under the plans with support from Gov. Gretchen Whitmer.

Whitmer (D) in a Friday letter backed Holtec’s plan to acquire funds from a $6 billion pot of money made available by the US Department of Energy. The Civil Nuclear Credit program was a centerpiece win for the nuclear industry in last year’s bipartisan infrastructure bill—a move aimed to prevent the imminent closure of zero-emissions power plants that struggled to compete with low natural gas prices.

The move comes in the wake of Pacific Gas ...