In a landmark move to strengthen its ESG commitments and advance its carbon neutral strategy, New York Governor Kathy Hochul has directed the New York Power Authority (NYPA) to develop […]

In a landmark move to strengthen its ESG commitments and advance its carbon neutral strategy, New York Governor Kathy Hochul has directed the New York Power Authority (NYPA) to develop the state’s first new nuclear power plant in decades. The zero-emission advanced nuclear facility, expected to deliver at least 1 gigawatt of carbon-free electricity, will play a pivotal role in New York’s transition to a fully decarbonized energy grid. 

“As New York electrifies its economy and retires fossil fuel plants, we must embrace energy independence and supply chain security to control our energy future,” Governor Hochul emphasized. 

The initiative reflects a growing recognition of nuclear power’s ability to deliver reliable, around-the-clock clean energy. As intermittent renewable sources like wind and solar expand, nuclear energy offers a stable foundation to maintain grid reliability while supporting aggressive decarbonization targets. 

NYPA President Justin E. Driscoll stated, “We are eager to deliver on this impactful nuclear initiative, reinforcing New York’s leadership in clean energy innovation and grid stability.” 

The project will begin with comprehensive feasibility studies in collaboration with the Department of Public Service (DPS), focusing on advanced reactor technologies, financing models, and site selection. Public-private partnerships will be central to advancing development, financing, and long-term operations. 

This nuclear expansion builds on ongoing state support for early permitting at Constellation’s Nine Mile Point Clean Energy Center and paves the way for broader regional collaboration with other U.S. states and Ontario. Such partnerships aim to accelerate nuclear deployment, workforce development, and resilient supply chains essential for long-term ESG and carbon neutral strategy success. 

By integrating advanced nuclear energy into its clean energy portfolio, New York reinforces its leadership in sustainable energy while ensuring grid reliability and meeting its ambitious net-zero targets. 

Fuentes: 

https://esgnews.com/new-york-orders-first-new-nuclear-plant-to-support-clean-energy-grid/ 

https://www.esgtoday.com/new-york-to-build-new-nuclear-plant-to-support-clean-energy-goals/