New York State Announces Plan to Add 1 Gigawatt of New Nuclear Power

CEG
September 21, 2025
New York Governor Kathy Hochul announced a state solicitation to add one gigawatt of new nuclear energy to New York's power grid. This directive to the state's public electric utility marks a significant commitment to expanding nuclear power generation within the state. Constellation Energy applauded Governor Hochul's announcement, recognizing the essential role of nuclear power in delivering clean, reliable electricity and supporting long-term grid stability and affordability for New Yorkers. Constellation operates three upstate nuclear facilities that produce over 20% of the state's electricity. This policy development creates potential opportunities for Constellation, which is already collaborating with the New York State Energy Research and Development Authority (NYSERDA) on a grant proposal to the U.S. Department of Energy. The proposal seeks an early site permit for advanced nuclear reactors at Constellation's Nine Mile Point Clean Energy Center in Oswego, New York. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.