[Federal Register Volume 90, Number 159 (Wednesday, August 20, 2025)]
[Notices]
[Pages 40661-40663]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-15921]


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NUCLEAR REGULATORY COMMISSION

[Docket Nos. 50-255 and 72-007; NRC-2024-0128]


In the Matter of Palisades Energy, LLC; Palisades Nuclear Plant; 
Direct Transfer of Licenses

AGENCY: Nuclear Regulatory Commission.

ACTION: Order; issuance.

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SUMMARY: The U.S. Nuclear Regulatory Commission (NRC) is issuing an 
order approving the direct transfer of operating authority for Renewed 
Facility Operating License No. DPR-20 for the Palisades Nuclear Plant 
(PNP) and the general license for the Palisades Independent Spent Fuel 
Storage Installation (ISFSI) from the current holder, Holtec 
Decommissioning

[[Page 40662]]

International, LLC (HDI), to Palisades Energy, LLC (OPCO). Holtec 
Palisades, LLC, will remain the licensed owner of PNP and the PNP 
ISFSI. The NRC is also issuing a conforming amendment to the facility 
operating license for administrative purposes to reflect the license 
transfer from HDI to OPCO. This license transfer is part of the 
regulatory approvals necessary to reauthorize power operations at PNP.

DATES: The order was issued on July 24, 2025.

ADDRESSES: Please refer to Docket ID NRC-2024-0128 when contacting the 
NRC about the availability of information regarding this document. You 
may obtain publicly available information related to this document 
using any of the following methods:
     Federal Rulemaking Website: Go to https://www.regulations.gov and search for Docket ID NRC-2024-0128. Address 
questions about Docket IDs in Regulations.gov to Bridget Curran; 
telephone: 301-415-1003; email: [email protected]. For technical 
questions, contact the individuals listed in the For Further 
Information Contact section of this document.
     NRC's Agencywide Documents Access and Management System 
(ADAMS): You may obtain publicly available documents online in the 
ADAMS Public Documents collection at https://www.nrc.gov/reading-rm/adams.html. To begin the search, select ``Begin ADAMS Public Search.'' 
For problems with ADAMS, please contact the NRC's Public Document Room 
(PDR) reference staff at 1-800-397-4209, at 301-415-4737, or by email 
to [email protected]. The exemption request to remove the 
prohibition against operations and emplacement of fuel in the reactor 
vessel is available in ADAMS under Accession No. ML23271A140.
     NRC's PDR: The PDR, where you may examine and order copies 
of publicly available documents, is open by appointment. To make an 
appointment to visit the PDR, please send an email to 
[email protected] or call 1-800-397-4209 or 301-415-4737, between 8 
a.m. and 4 p.m. eastern time (ET), Monday through Friday, except 
Federal holidays.

FOR FURTHER INFORMATION CONTACT: Justin C. Poole, Office of Nuclear 
Reactor Regulation, U.S. Nuclear Regulatory Commission, Washington, DC 
20555-0001; telephone: 301-415-2048; email: [email protected].

SUPPLEMENTARY INFORMATION: The text of the order is attached.

     Dated: August 18, 2025.

    For the Nuclear Regulatory Commission.
Ilka Berrios,
Acting Chief, Plant Licensing Branch III, Division of Operating Reactor 
Licensing, Office of Nuclear Reactor Regulation.

Attachment--Order Approving the Transfer of License and Conforming 
Amendment

UNITED STATES OF AMERICA

NUCLEAR REGULATORY COMMISSION

In the Matter of Holtec Decommissioning International, LLC, Holtec 
Palisades, LLC, and Palisades Energy, LLC; Palisades Nuclear Plant and 
Independent Spent Fuel Storage Installation, Docket Nos. 50-255 and 72-
007; License No. DPR-20.

Order Approving Direct Transfer of Licenses and Conforming Amendment

I.

    Holtec Decommissioning International, LLC (HDI) and Holtec 
Palisades, LLC, are the holders of Renewed Facility Operating License 
No. DPR-20 and the general license for the Independent Spent Fuel 
Storage Installation (ISFSI). Palisades Nuclear Plant is located in 
Covert, Michigan, in Van Buren County, on the eastern shore of Lake 
Michigan.

II.

    By application dated December 6, 2023 (Agencywide Documents Access 
and Management System Accession No. ML23340A161), as supplemented by 
letters dated May 23, November 19 (two supplements), December 13, 
December 19, 2024, and July 16, 2025 (ML24144A106, ML24324A207, 
ML24324A200, ML24348A160, ML24354A183, and ML25197A526), HDI, on behalf 
of itself, Holtec Palisades, LLC (Holtec Palisades), and Palisades 
Energy, LLC (OPCO) (collectively, the Applicants), requested that the 
U.S. Nuclear Regulatory Commission (NRC, the Commission) consent to the 
direct transfer of operating authority under Renewed Facility Operating 
License (RFOL) No. DPR-20 for the Palisades Nuclear Plant (Palisades, 
PNP) and the general license for the Palisades ISFSI, from HDI to OPCO. 
The Applicants also requested that the NRC approve a conforming 
administrative amendment to the facility license to reflect the 
proposed direct transfer of the license from HDI to OPCO. The 
Applicants submitted these requests to the NRC for approval under 
Section 184, ``Inalienability of Licenses,'' of the Atomic Energy Act 
of 1954, as amended (AEA); 10 CFR 50.80, ``Transfer of licenses''; 10 
CFR 72.50, ``Transfer of license''; and 10 CFR 50.90, ``Application for 
Amendment of license, construction permit, or early site permit.''
    Upon NRC approval of the license transfer application and the 
consummation of the proposed transfer transaction, OPCO would become 
the licensed operator of Palisades under RFOL No. DPR-20 and the 
general license for the Palisades ISFSI. Holtec Palisades would remain 
the licensed owner, the holder of the PNP decommissioning trust fund 
(DTF) established under 10 CFR 50.75, ``Reporting and recordkeeping for 
decommissioning planning,'' and the party to the Standard Contract for 
Disposal of Spent Nuclear Fuel with the U.S. Department of Energy.
    This license transfer is part of the regulatory approvals necessary 
to reauthorize power operations at PNP. The NRC's approval of this 
license transfer is not sufficient to authorize operation of the 
reactor, or emplacement or retention of fuel into the reactor vessel. 
Concurrently with the approval of this license transfer application, 
the NRC staff is issuing its approval of an exemption request and four 
license amendment requests to reauthorize power operations at 
Palisades. OPCO would not be authorized to operate Palisades until the 
effective dates of those actions.
    On August 7, 2024, the NRC published in the Federal Register (89 FR 
64493) a notice of consideration of approval of the license transfer 
application and conforming amendment to the license to reflect the 
proposed transfer. This notice provided an opportunity to comment, 
request a hearing, and petition for leave to intervene on the 
application. In response, on August 27, 2024 (ML24240A210), a hearing 
request was filed by Beyond Nuclear, Michigan Safe Energy Future, and 
Don't Waste Michigan. On April 29, 2025 (ML25119A109), the Commission 
issued an order (CLI-25-3) denying the hearing request.
    In accordance with 10 CFR 50.80, no license for a production or 
utilization facility, or any right thereunder, shall be transferred, 
either voluntarily or involuntarily, directly or indirectly, through 
transfer of control of the license to any person, unless the Commission 
gives its consent in writing. Upon review of the information in the 
license transfer application, as supplemented, and other information 
before the Commission, the NRC staff has determined that Holtec 
Palisades and OPCO are qualified to hold the licenses to the extent 
proposed in the

[[Page 40663]]

application, as supplemented, and that the transfers of the licenses 
are otherwise consistent with the applicable provisions of law, 
regulations, and orders issued by the NRC, pursuant thereto.
    Upon review of the application, as supplemented, for a conforming 
administrative amendment to the license to reflect the direct transfer, 
the NRC staff determined the following:
    (1) The application for the proposed license amendment complies 
with the standards and requirements of the AEA and the Commission's 
rules and regulations set forth in 10 CFR Chapter I;
    (2) The facilities will operate in conformity with the application, 
the provisions of the AEA and the rules and regulations of the 
Commission;
    (3) There is reasonable assurance that the activities authorized by 
the proposed license amendment can be conducted without endangering the 
health and safety of the public and that such activities will be 
conducted in compliance with the Commission's regulations;
    (4) The issuance of the proposed license amendment will not be 
inimical to the common defense and security or to the health and safety 
of the public; and
    (5) The issuance of the proposed amendment will be in accordance 
with 10 CFR part 51 of the Commission's regulations and all applicable 
requirements have been satisfied.
    The findings set forth above are supported by an NRC safety 
evaluation dated July 24, 2025, which is available at ADAMS Accession 
No. ML25167A268.

III.

    (1) Accordingly, pursuant to Sections 161b, 161i, 161o, and 184 of 
the AEA, 42 U.S.C. 2201(b), 2201(i), 2201(o), and 2234; and 10 CFR 
50.80, 10 CFR 72.50, and 10 CFR 50.90, It Is Hereby Ordered that the 
application regarding the proposed direct license transfer is approved.
    It Is Further Ordered that consistent with 10 CFR 2.1315(b), the 
license amendment that makes a change, as indicated in Enclosure 2 to 
the cover letter forwarding this Order, to reflect the subject direct 
transfer, is approved. The amendment shall be issued and made effective 
immediately.
    This Order is effective upon issuance.
    For further details with respect to this Order, see the initial 
application dated December 6, 2023, as supplemented by letters dated 
May 23, November 19 (two supplements), December 13, and December 19, 
2024; and July 16, 2025, and the associated NRC staff safety evaluation 
dated July 24, 2025, which are available for public inspection 
electronically through ADAMS in the NRC Library at https://www.nrc.gov/reading-rm/adams.html. Persons who do not have access to ADAMS or who 
encounter problems in accessing the documents located in ADAMS, should 
contact the NRC PDR reference staff by telephone at 1-800-397-4209, or 
301-415-4737, or by email to [email protected].

    Dated at Rockville, Maryland this 24th day of July 2025.
    For the Nuclear Regulatory Commission.
/RA/

Gregory Bowman, Acting Director,
Office of Nuclear Reactor Regulation.

[FR Doc. 2025-15921 Filed 8-19-25; 8:45 am]
BILLING CODE 7590-01-P