Allegan County reaffirms support for Palisades restart. Where do efforts stand?
Holtec is seeking regulatory approval to restart power operations at Palisades after the plant closed for decommissioning in May 2022. A federal loan of $1.52 billion was approved for the project in 2024, but the NRC has yet to officially approve the restart.
During a meeting June 12, the Allegan County Board of Commissioners unanimously approved a resolution to 'reaffirm support' for the re-opening of Palisades. The board passed a similar resolution in January 2023.
The resolution includes several points Holtec has made regarding the restart, including the benefits of job creation, grid stability and reliability, and clean energy.
According to the NRC, approval is necessary to restore the plant's license for operational status, but is also needed before Holtec can ready plant components or make any needed upgrades or repairs.
Holtec has previously requested the NRC make a determination this summer, in hopes of resuming power operations in the fourth quarter of 2025.
Most recently, Holtec announced the NRC issued a Final Environmental Assessment and Finding of No Significant Impact for Palisades. The ruling found 'the project poses no significant environmental risk,' Holtec wrote in an update.
Holtec also said an Initial Licensed Operator Class is on-track for NRC examination in June, which will add 26 federally licensed operators to the site. A separate class is underway and scheduled for testing in early 2026.
In late May, Palisades received full accreditation for its maintenance and technical training program, completing the "complement of accreditations' required for operation.
Two emergency preparedness exercises have been completed at Palisades, with more scheduled for this summer. The drills will culminate in a graded exercise evaluated by the NRC and FEMA.
Earlier this year, a coalition of environmental groups and a group of residents living near Palisades filed petitions with the NRC's Atomic Safety and Licensing Board in an effort to stop or delay the restart. In March, the board denied requests for full hearings on the petitions.
More: 'Not admissible': Request for formal hearing challenging Palisades re-opening denied
Palisades ceased power operations in May 2022, and was sold to Holtec for decommissioning shortly after. Just a few months later, a plan to restart the plant was announced. An initial funding request was denied, but a second effort was launched early in 2023.
Holtec is also seeking to build two small modular reactors, SMR-300s, at Palisades, which would add at least 600 megawatts to the plant's 800-megawatt generating capacity. Preliminary activities are underway and Holtec plans to file a construction permit application for the SMRs in 2026.
There are currently no upcoming meetings scheduled for the Palisades restart, per the NRC website. Learn more about regulatory actions and upcoming meetings at nrc.gov/info-finder/reactors/pali.html.
— Contact reporter Mitchell Boatman at mboatman@hollandsentinel.com.
This article originally appeared on The Holland Sentinel: Allegan County reaffirms support for restart at Palisades Plant

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Axios
3 hours ago
- Axios
DIA eyes nuclear energy to fuel future growth
Denver International Airport wants to go nuclear — literally. Why it matters: DIA's energy needs are skyrocketing as the third-busiest airport in the U.S. and sixth-busiest in the world. CEO Phil Washington says only massive, clean and reliable power can keep pace. The latest: Washington on Wednesday announced a plan to study the feasibility of building small modular nuclear reactors (SMRs) to help make DIA the greenest airport in the world. Denver's airport has put out a request for proposals to conduct the study, which Washington said will cost about $1 million and take six to 12 months. How it works: SMRs are advanced nuclear power plants with a smaller footprint, faster build time and lower safety risks than traditional reactors. Friction point: Councilmember Stacie Gilmore, who represents the district that includes DIA, raised concerns over nuclear power's water use — then slammed Washington for bypassing her and area residents before launching the effort. "You're not communicating with me and you're not communicating with my community" she told him in a tense exchange during a City Council committee meeting Wednesday. By the numbers: DIA currently uses 45 megawatts of electricity — largely powered by Xcel Energy — but airport officials estimate the facility and operations could require up to 400 megawatts by 2050. SMRs generate up to 300 megawatts each and require 10–100 acres of land, per DIA officials. Water usage varies depending on the design and cooling system. The big picture: DIA's nuclear push reflects a growing trend. A new Colorado law — effective Wednesday — reclassified nuclear energy as "clean energy." At the same time, the White House is moving to fast-track nuclear development, while Big Tech chases SMRs to power data centers. Yes, but: Critics argue nuclear isn't truly clean — and it's expensive and risky.
Yahoo
6 hours ago
- Yahoo
Michigan's State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future
The State of Michigan Retirement System (SMRS) has notably expanded its investment in bitcoin (BTC), perhaps demonstrating either a growing appetite for risk or a firm belief in the cryptocurrency's future value. In a 13F filing with the Securities and Exchange Commission (SEC) on Tuesday, the pension fund revealed it had increased its position in the Ark Bitcoin ETF (ARKB) to 300,000 shares, up from 110,000 in the previous quarter. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation At bitcoin's current value around $114,000 and ARKB's current price of $37.79 per share, this position is now valued at approximately $11.3 million. That would be just 0.03% of the fund's $79 billion in assets under management. Pension funds are typically very risk-averse, making it rare for them to allocate significant funds into cryptocurrencies, with only a few having done so. The fact that Michigan's pension system is increasing its holdings suggests a highly cautious, but nevertheless positive outlook on bitcoin's future value. The fund also continues to hold the Grayscale Ethereum Trust (ETHE), 460,000 shares, valued at around $9.6 million as of June in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Yahoo
Why Oklo Stock Is Soaring Higher Today
Key Points Oklo stock is rising today despite a lack of news from the company. BWX Technologies reported strong financial results yesterday, which Oklo investors are seeing as a positive sign for the nuclear energy industry. An investment in Oklo requires a high threshold for risk, so investors shoulda act accordingly. 10 stocks we like better than Oklo › Rebuffing the general bearing sentiment that is driving the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) lower today, investors are powered up about nuclear energy stock Oklo (NYSE: OKLO). Although the company hasn't reported any developments to substantiate the stock's rise, there is industry news that investors are interpreting as positive for the small modular reactor (SMR) developer. As of 12:41 a.m. ET, shares of Oklo have risen 8.7%. BWX Technologies just proved that the state of the nuclear energy industry remains strong It's not just speculation that the nuclear energy will soon grow that's driving investor interest into SMR stocks like Oklo. BWX Technologies (NYSE: BWXT) is seeing tangible benefits in its financials. Providing manufacturing and engineering services for the nuclear energy industry, BWXT reported second-quarter 2025 financial results yesterday. Oklo investors are likely giving weight to commentary from Rex Geveden, BWX Technologies president and CEO, who recognized that "demand for nuclear solutions in the global security, clean energy, and medical markets continues to accelerate." Is now the time to buy Oklo stock? The financial results that BWX Technologies reported are certainly encouraging; however, it hardly seems sufficient for investors to predicate an Oklo investment on right now. Nonetheless, Oklo stock is certainly a worthy consideration for those interested in gaining exposure to SMR technology and the growth of the nuclear energy industry. Buying growth stocks such as Oklo -- stocks that aren't generating revenue -- require extremely high tolerances for risk, so investors should act accordingly. Of course, buying a nuclear energy ETF provides another option that helps to gain industry exposure while limiting risk. Should you buy stock in Oklo right now? Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $631,505!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,103,313!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends BWX Technologies. The Motley Fool has a disclosure policy. Why Oklo Stock Is Soaring Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data