Policy and licensing / United States (federal)
Gen III+ SMR selection: Holtec (Palisades SMR-300)
DOE selected Holtec on 2 December 2025 for up to $400 million in cost-shared funding for two SMR-300 units at Palisades.
- Category
- Awards and selections
- Status
- Selected — award terms not recorded as final
- Instrument
- award · DOE Gen III+ SMR selection of Holtec, 2 December 2025
- Issued by
- U.S. Department of Energy
- Jurisdiction
- United States (federal)
- Affects
- Project funding
- In effect from
- —
- Expiry or completion
- None recorded
- Operative text
- DOE selects TVA and Holtec to advance deployment of US SMRs (2 Dec 2025) (DOE announcement)
- Last checked · next review
- 2026-10-03 · 2026-11-02
Legal and geographic scope
Selection of Holtec Government Services for up to $400 million in federal cost-shared funding for two SMR-300 reactors at the Palisades site in Covert, Michigan.
Not approved or still pending
A selection of up to $400 million is not a disbursement; final award terms are not recorded.
Dated lifecycle
- 2025-12-02 · Selections announced (DOE selects TVA and Holtec to advance deployment of US SMRs (2 Dec 2025))
Related instruments
- DOE Generation III+ Small Modular Reactor programme (award under)
Projects or designs named by the source
- Holtec Pioneer Units 1 and 2 (SMR-300 at Palisades) — DOE names two SMR-300 reactors at the Palisades site.
Sources
- DOE selects TVA and Holtec to advance deployment of US SMRs (2 Dec 2025) (government_primary, accessed 2026-10-03)