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Holtec, the company that owns the plant, says restarting would create 600 jobs and offer a carbon-free source of energy for the state.
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The Nuclear Regulatory Commission is accepting comments on what it should consider in an environmental assessment of the proposal to reopen the Palisades Nuclear Plant in Southwest Michigan.
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The loan marks a major step forward in the effort to restart the nuclear plant.
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The decommissioning of a 50-year-old nuclear power plant in West Michigan is set to begin soon, now that its sale is final.
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The Palisades nuclear power plant in West Michigan shut down on Friday as the final step towards de-commissioning.
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Michigan could study building more nuclear facilities under a plan advancing in the state legislature.The Michigan Senate is considering the proposal after it was approved by the House of Representatives Thursday, May 19. It would have the state hire an outside firm to complete a feasibility study on the pros and cons of expanding nuclear energy.
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Governor Gretchen Whitmer is asking for funds under a new federal program to avert the decommissioning of the Palisades nuclear power plant in southwest Michigan.