Biden-Harris Administration Bringing Back Clean Nuclear Energy, Creating Clean Energy Union Jobs Across the Midwest

$1.5 Billion Loan Guarantee from DOE Will Help First Ever Historic Restoration and Restart of a Nuclear Generating Station in Michigan .

USDA also announced more than $13 Billion in Grants from USDA Will Reduce the Cost of Clean Electricity for Members of Two Rural Electric Cooperatives .

$2.8 billion to support reliable, affordable, and clean power in the Midwest .

Palisades Nuclear Plant , which ceased operations in May 2022 , will be brought back online and upgraded to produce clean baseload power until at least 2051 .

Plant restart will also help fight the climate crisis with an anticipated 4.47 million metric tons of greenhouse gas emissions avoided per year.

Plant will provide reliable, clean firm power generation around the clock with zero emissions.

DOE has attracted 211 applications for projects across the country totaling over $295.8 billion in requested loans and loan guarantees, as of August 2024 .

Holtec Palisades will repower existing energy infrastructure that has been nonoperational and support reinvestment in the community.

Announcement marks first closing of a loan guarantee through Energy Infrastructure Reinvestment (EIR) program.