But in recent years, as demand for nuclear power has climbed, the company has been shifting its focus. It acquired the Palisades plant when it shut down in 2022, with the intention of decommissioning the Michigan facility. But almost immediately there were calls the restart the plant, one of the earliest signs of the growing demand for carbon-free power from reactors, and the company is now close to bringing it back into service. Holtec is also developing its own reactor technology, and plans to install the first of them at the same site.