The U.S. Department of Energy announced a $1.52 billion loan to Holtec International to restart the Palisades Nuclear Power Plant in Michigan.

The Palisades plant, with a capacity of 800 megawatts, will become the first nuclear plant to be restarted in the United States after its closure in 2022. The restart of the Palisades plant comes to support President Joe Biden's strategy to reduce energy sector emissions and transition away from fossil fuels.

It is worth noting that the station is working to provide 600 jobs, and the first two units for small modular reactors (SMR) will be built at the site. This place faces many challenges, perhaps the most important of which are economic factors, and the Biden administration emphasizes the importance of nuclear energy in removing carbon from the network. Electricity and the national economy.