Up and atom!
The Biden administration has announced plans to reignite a shuttered Michigan nuclear power plant with a $1.5 billion loan that, combined with other nuclear announcements yesterday, suggests the US federal government is right now all in on nuclear energy.
Wolverine will purchase 435 MW of power from Palisades using $650 million in grants from the USDA's Empowering Rural AmericaIn other words, not only is the atomic plant getting money to fire up again, organizations are getting handouts to buy the generated electricity and provide it to homes and businesses; this is supposed to also help create jobs and cut costs for folks.
Culp said the latest project the team has been working on involves preparing the turbine deck to resume operations, as well as getting new employees trained up. When Palisades was in full operation, 600 people were employed, but after shutting down, it was reduced to 220 full-time employees. Culp said rehiring has begun, and a number of former Palisades employees are returning to their old jobs, too.
Using nuclear fission, of course, Palisades will also help green up the Midcontinent Independent System Operator's grid by eliminating approximately 4.47 million metric tons of greenhouse gas annually, which will equate to the annual emissions of 882,000 homes when projected out over the 25 years the new Palisades project is planned to run.
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