Palisades Nuclear Plant to Pioneer Small Modular Reactors in U.S.
Holtec and Hyundai plan to restart the Michigan facility and add advanced reactors, pending regulatory approval.
- Holtec International has partnered with Hyundai Engineering and Construction to build two small modular reactors (SMRs) at the Palisades nuclear plant in Michigan.
- The Palisades plant, which was shut down in 2022, aims to restart its original reactor by October 2025, subject to Nuclear Regulatory Commission (NRC) approval.
- If successful, the Palisades project would mark the first-ever restart of a decommissioned nuclear plant in U.S. history.
- Holtec intends to expand the plant's capacity by adding two 300-megawatt SMRs, nearly doubling its previous 800-megawatt output.
- The project faces challenges, including unlicensed reactor designs, corrosion in over 1,000 steam generator tubes, and NRC concerns over the aggressive timeline.