💨 Abstract

The U.S. has approved a $1.52 billion loan to revive Holtec's Palisades nuclear plant in Michigan, with a potential reopening in two years, longer than initially estimated by the company. The Biden administration aims to increase U.S. nuclear power capacity, which could involve reactivating closed reactors, including Three Mile Island.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖