New-wave reactors are the face of an American nuclear renaissance
The Palisades nuclear plant, about a two-hour drive from Chicago, was decommissioned in 2022, judged to be uneconomical in a world of cheap American gas. But Florida-headquartered company Holtec is reviving it. It will mark not only the first ever restart of a shuttered US nuclear plant, but, if all goes to plan, Palisades will also be the birthplace of a nuclear breakthrough: America’s first commercial “small modular reactors