[HIGHLIGHTS] The U.S. government will provide $1.5 billion in loans to restart nuclear power plants in the state

The U.S. government will provide $1.5 billion in loans to restart nuclear power plants in the state.

The Palisades Nuclear Power Plant is located on the shores of Lake Michigan, a two-hour drive from Chicago. Michigan utility CMS Energy owned the plant from 1971 until its sale in 2007 to Louisiana utility Entergy, which subsequently shut down the plant in 2022. In California, regulators said in December 2023 that the state's Diablo Canyon nuclear power plant may operate until 2030 instead of 2025.