Smallest U.S. reactor restart draws the biggest federal check
TL;DR Summary
DOE approved up to $1.9 billion in loans for restarting Duane Arnold, a 615 MW boiling-water reactor near Palo, Iowa—the smallest restart yet the most expensive per kilowatt due to the cooling towers, transformer, and transmission lines being removed—highlighting the complexities and potential bill for grid reliability and ratepayers, with licensing actions due by 2028 and a target to be back on the grid by early 2029.
- A 615-megawatt reactor lost its cooling towers, its transformer and its power lines to a teardown crew, so rebuilding all three to get it on the grid by early 2029 takes up to $1.9 billion in federal money, the biggest check any American restart has drawn Autonocion.com
- US loans $1.9B to restart shuttered Iowa nuclear plant Fox Business
- NextEra Energy, DOE Close on $1.9 Billion Loan for Nuclear Power Plant in Iowa WSJ
- See inside Iowa's only nuclear power plant, set for restart in 2029 The Des Moines Register
- Trump administration announces $1.9B loan to support Iowa nuclear plant restart The Hill
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