quoting note19af…zetsHere's your summary from Could a Nuclear Energy revival be coming to the US? #politics #shorts (https://www.youtube.com/watch?v=aFzJzV8vZeo) on the Bloomberg Television channel:
**TLDR:** The US nuclear energy industry is experiencing a revival with plans to restart the Palisades plant in Michigan and design new reactors.
1. The Palisades plant in Michigan, along with other reactors, shut down about a decade ago, but there is now a growing interest in carbon-free nuclear energy due to its importance in fighting climate change.
2. Holtec, a company specializing in nuclear waste management, acquired Palisades and is planning to restart the plant with a $1.5 billion loan from the DOE, aiming to resume power production by late 2025.
3. Holtec is also working on designing its own reactors, with the first two set to be installed at the Palisade site, marking a potential resurgence in the US nuclear industry.
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uncleJim21 on Nostr: Climate change is a scam but it’s encouraging to see nuclear power come online. ...
Climate change is a scam but it’s encouraging to see nuclear power come online.