COVERT — Holtec International has signed a power purchase agreement in an effort to restart the former Palisades Nuclear Power Plant in Covert Township.
As pro- and anti-nuclear advocates take sides over Palisades' future, it presents challenges as one of the oldest in the U.S. one with some known issues to be addressed.
Palisades nuclear plant gets $150 million in Michigan budget mlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mlive.com Daily Mail and Mail on Sunday newspapers.
In addition to a big federal loan, the company that owns the closed plant wants $300 million from Michigan taxpayers to reopen. Some bipartisan legislators back the idea.