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Utility Dive1 day ago

New York Gov. Hochul expands nuclear aspirations to 8-GW fleet

Key Takeaway

New York's ambitious nuclear expansion plan signals significant long-term development opportunities and a commitment to reliable, decarbonized power for large consumers.

AI Summary

  • New York Governor Hochul proposes adding 5 GW of new nuclear capacity, expanding the state's fleet to 8.4 GW.
  • This policy initiative positions nuclear as central to the state's grid reliability and decarbonization goals, signaling long-term market support.
  • The plan creates significant future development opportunities for nuclear projects and promises stable, low-carbon power for large industrial and commercial consumers.

Topics

capacity-marketdatacenteremissionspolicy

Article Content

On Tuesday, Democratic Gov. Kathy Hochul called for adding 5 GW of nuclear capacity to the state’s 3.4-GW fleet. The state’s new energy plan cast nuclear as key to its reliability and decarbonization goals.