Holtec Starts Loading Fuel Into Palisades Reactor Vessel in Michigan
Holtec has started loading nuclear fuel into the reactor vessel at the Palisades plant in western Michigan, according to Neutron Bytes, clearing a central step in the effort to return the shut-down station to service.
Neutron Bytes reported that the plant sits on the shore of Lake Michigan. The reactor core is made up of 204 fuel assemblies, a mix of new fuel and partially used fuel from the plant's most recent operating cycles, sized to support 805 MW of electric output, the outlet said.
Fuel load follows more than two years of inspection, maintenance, refurbishment, testing, and equipment upgrades across the station, work Neutron Bytes described as aimed at reliability and resiliency for long-term operation.
The financing behind the restart combines public and contracted revenue. Neutron Bytes cited financial support from the State of Michigan, a loan from the U.S. Department of Energy, and long-term power purchase agreements with Wolverine Power Cooperative and Hoosier Energy. Those offtake contracts give the plant committed buyers for its output rather than exposure to merchant power prices alone.
Source: neutronbytes.com (opens in a new tab)1 sourcePermalink