Holtec Government Services in Michigan was awarded $400 million by the U.S. Department of Energy to help pay for the development of a duel-unit small modular reactor plant at the company’s Palisades Energy site. Holtec
President Donald Trump has prioritized the development of reactor technologies by accelerating momentum established under 2024’s ADVANCE Act with four May 2025 executive orders that shorten licensing timelines, trim regulations, and streamline reviews in a drive to quadruple the nation’s nuclear energy capacity by 2050.
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