Energy Investing - Michigan lawmakers pledge ‘full support’ for reopening Palisades nuclear plant - Energy Investing - InvestorVillage


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Msg  501084 of 552049  at  5/31/2023 11:09:14 AM  by

go2fish


Michigan lawmakers pledge ‘full support’ for reopening Palisades nuclear plant

Call me cynic or I am definitely missing something.  This is very old relatively small output plant, so just from my technical tower and cost/benefits ratio I would not put a single penny into it, especially as it was retired one year ago, so 90% of professional staff is gone.  Best case it will cost well above quoted $300Mln, along with many lawyers having full employment for years to come
 
Something else is going on.  Link
 
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  • The Palisades nuclear plant closed in May 2022
  • Gov. Gretchen Whitmer has pushed since then to reopen it
  • A new caucus of lawmakers backs the effort, which could cost taxpayers $300 million or more

The push to repower the shuttered Palisades nuclear power plant has momentum in Lansing, with a bipartisan caucus pledging support for the plant’s revival.

Seventeen members of the newly-formed nuclear energy caucus sent a letter to Gov. Gretchen Whitmer on Thursday, thanking her for championing the energy source and promising their “full support and partnership.”

 
 


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Msg # Subject Author Recs Date Posted
505955 Update Re: Michigan allocates $150M to reopening Palisades nuclear go2fish 14 6/30/2023 11:23:40 AM




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