Eversheds Sutherland Coop Law Blog
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Oglethorpe’s Plant Vogtle to be Crucial Clean Energy Resource

Georgia’s Plant Vogtle Unit 4 began operation on Monday, completing the first from-scratch expansion of advanced commercial nuclear energy in the U.S. in more than three decades and bringing the region’s electric cooperatives a source of reliable, clean energy. The completion of the units makes Plant Vogtle the country’s largest nuclear power station.

Biden Administration to Provide $1.5 Billion for Palisades Nuclear Restart

In February, the Biden administration is expected to announce $1.5 billion in funding for the Palisades nuclear project. The funding from the Biden administration is part of the government’s $6 billion Civil Nuclear Credit Program announced in 2021.

Michigan Cooperative seeks Federal Grant to Offset Nuclear Costs

Wolverine Power Supply Cooperative has submitted an application for $9.7 billion in grant and loan funding through the U.S. Department of Agriculture’s New ERA Initiative, funded by the Inflation Reduction Act. If granted, the coop plans to use the funding to pay for power from the Palisades nuclear plant.

Palisades Power Plant Re-Start Expected for August 2025

Holtec International, owner of Palisades Nuclear Power Plant, recently released new details in its plans to re-energize the nuclear facility, targeting August 2025 as a possible date to re-start power operations. Wolverine Power Corporation entered into a power purchase agreement with Holtec for offtake from the facility in September 2023.

Wolverine Power Cooperative Signs Historic Agreement to Restart Palisades Nuclear Power Plant

Wolverine Power Cooperative (Wolverine) has entered into a long-term agreement with Holtec International (Holtec), a diversified energy technology company, that will pave the way for the restart of the 800-megawatt Palisades Nuclear Power Plant in Covert Township, Michigan. Wolverine has committed to purchase up to two-thirds of the power generated by the Palisades Nuclear Power Plant...

Missouri Coop Explores Small Modular Reactor Nuclear Technology

Associated Electric Cooperative and NuScale Power are evaluating implementing NuScale’s small modular reactor (SMR) power plants. The SMR nuclear technology can supply energy for electrical generation, district heating, desalination, commercial-scale hydrogen production and other process heat applications.