Nuclear in my backyard? More of America, and the market, seems OK with it

AI generated summary

Van Buren County, Michigan, is on the brink of a nuclear energy transformation with the reactivation of the Palisades Nuclear Plant and the introduction of small modular reactors (SMRs). The Palisades plant, which was decommissioned in 2022, is being revived with federal funding under the Inflation Reduction Act, while Holtec Corporation plans to construct two SMR-300 units on the same site. These SMRs, designed for faster and more cost-effective installation, are expected to be operational by the early 2030s, potentially providing economic stability to the region, which relies heavily on seasonal tourism.

The article discusses the growing acceptance of nuclear energy in the U.S., driven by increasing electricity demands from data centers and tech companies. While there is optimism about the safety and viability of SMRs, experts express concerns about regulatory challenges and public perception. Despite these hurdles, a recent Pew poll indicates rising public support for nuclear energy, suggesting a shift in attitudes. Local leaders in Covert Township are hopeful that the return of nuclear power will lead to economic growth and stability, although skepticism remains regarding the new technology of SMRs.