AI's thirst for energy has another nuclear plant coming online
Holtec Palisades has received a $1.52 billion loan from the Department of Energy to restore a nuclear power plant in Michigan. The plant ceased operations in 2022, but will be brought back online as early as 2025. It will add about 600 jobs to the area. Holtec had originally bought the plant to dismantle it, but changed course due to renewed interest in nuclear power from data center providers.
This is what we are going to see a great deal more. The big rush is for energy.