Palisades Nuclear Power Plant To Close In 2018

Entergy will close the Palisades Nuclear Power Plant in Covert Township in 2018. The company says the plant will be refueled as scheduled in the spring, and permanently shut down on October 1, 2018. Entergy says since purchasing the plant from Consumers Energy in 2007, “market conditions have changed substantially, and more economic alternatives are now available to provide reliable power to the region.” The company’s chairman and CEO Leo Denault says they will work to help the plant’s roughly 600 employees find other jobs. Shutting down Palisades will save Consumers’ Energy customers up to $172 million over four years.

This story is breaking and will be updated.