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Released June 26, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Exactly one month after U.S. President Donald Trump issued executive orders to expand and streamline the U.S. nuclear power sector, New York Governor Kathy Hochul, a Democrat, is guiding her state toward being the first state to help fulfill the Republican president's lofty goals of deploying 300 gigawatts of new nuclear power in the U.S. by 2050 and having 10 large reactors under construction by 2030.
On Monday, Hochul directed the New York Power Authority (NYPA) "to develop at least one new nuclear energy facility with a combined capacity of no less than one gigawatt of electricity, either alone or in partnership with private entities."
The NYPA has previously operated two nuclear facilities--the FitzPatrick plant, which the NYPA sold in 2000 and is now run by Constellation Energy Corporation (Baltimore, Maryland), and Unit 3 of the Indian Point plant, some 25 miles from New York City, which NYPA sold to Entergy Corporation (New Orleans, Louisiana) in 2000 and which was closed in 2021. Indian Point's proximity to New York City made the plant a safety concern in the event of a terrorist attack, which factored into the closure along with economic, environmental and other safety concerns.
Many details still need to be worked out regarding the plant, one of the most important being where the new facility will be located, although Hochul directed the NYPA to build it in upstate New York. "NYPA will immediately begin evaluation of technologies, business models, and locations for this first nuclear power plant and will secure the key partnerships needed for the project. This process will include site and technology feasibility assessments as well as consideration of financing options," the governor's statement regarding the directive said. Locales will almost certainly be vying with each other for the plant's 1,600 construction jobs, 1,200 permanent jobs and anticipated tax revenues.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to view the preliminary report on the project.
New York's three active nuclear plants, all owned by Constellation, are in the upstate region along the shores of Lake Ontario. Constellation has previously expressed interest in installing another reactor at the two-unit FitzPatrick plant in Oswego County. Subscribers can learn more by viewing the plant profile.
New York has enshrined some of the most stringent goals of any state in regard to its power industry and emissions. The state's Climate Leadership and Community Protection Act sets the goal of reducing greenhouse gas emissions from all sectors to 85% below 1990 levels by 2050 and to have a zero-emission electricity grid from 2040. The legislation also mandates that the state will source 70% of its electricity from renewable sources such as wind and solar by 2030, a goal which most analysts think is unlikely to be met.
The state previously seemed to put a great deal of faith in offshore wind power to supply large amounts of emissions-free generation, although these projects haven't materialized easily, if at all. In 2023, New York provisionally awarded developers three offshore wind projects that would have accounted for 4 gigawatts (GW) of power generation, only to see all three later cancelled for "technical and commercial complexities," primarily GE Vernova's (Cambridge, Massachusetts) decision not to proceed with the development of an 18-megawatt (MW) turbine.
The Trump administration has made development of offshore wind projects difficult, ceasing all federal approvals for the projects and holding no more lease auctions. In April, the administration gave a stop-work order for the Empire offshore wind project, an 810-MW development off New York's Long Island in the middle of construction, only to reinstate it some weeks later. The lifting of the stop-work coincided with Governor's Hochul's expression of renewed interest in two natural gas pipeline projects for which the state had previously refused key permits and that were later canceled by pipeline developer Williams Companies Incorporated (Tulsa, Oklahoma).
New York's renewed expression of interest in the pipelines and the federal government's lifting of the stop-work order for the windfarm came around the same time. In late May, Williams announced that it was working with state regulators and the U.S. Federal Energy Regulatory Commission (FERC) to revive the Northeast Supply Enhancement Pipeline and Constitution Pipeline. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pipeline Project Database can learn more by viewing the related project reports on the pipelines. The Empire wind project is on track to begin delivering power in 2027. Subscribers to Industrial Info's GMI Power Project Database can learn more by viewing the project report.
With offshore wind developers exiting projects at a frequent rate in the wake of federal policies, a source of potentially large inputs of up to several hundred megawatts of emissions-free energy to the grid has been hindered, if not altogether lost for the time being. Nuclear power plants, supported by key players on both sides of the political aisle and very much in keeping with Trump's energy agenda, may provide the key to providing a cleaner form of power in the face of increasing energy demand throughout the U.S., and New York seems to be leading the way toward this renewed development.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
On Monday, Hochul directed the New York Power Authority (NYPA) "to develop at least one new nuclear energy facility with a combined capacity of no less than one gigawatt of electricity, either alone or in partnership with private entities."
The NYPA has previously operated two nuclear facilities--the FitzPatrick plant, which the NYPA sold in 2000 and is now run by Constellation Energy Corporation (Baltimore, Maryland), and Unit 3 of the Indian Point plant, some 25 miles from New York City, which NYPA sold to Entergy Corporation (New Orleans, Louisiana) in 2000 and which was closed in 2021. Indian Point's proximity to New York City made the plant a safety concern in the event of a terrorist attack, which factored into the closure along with economic, environmental and other safety concerns.
Many details still need to be worked out regarding the plant, one of the most important being where the new facility will be located, although Hochul directed the NYPA to build it in upstate New York. "NYPA will immediately begin evaluation of technologies, business models, and locations for this first nuclear power plant and will secure the key partnerships needed for the project. This process will include site and technology feasibility assessments as well as consideration of financing options," the governor's statement regarding the directive said. Locales will almost certainly be vying with each other for the plant's 1,600 construction jobs, 1,200 permanent jobs and anticipated tax revenues.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to view the preliminary report on the project.
New York's three active nuclear plants, all owned by Constellation, are in the upstate region along the shores of Lake Ontario. Constellation has previously expressed interest in installing another reactor at the two-unit FitzPatrick plant in Oswego County. Subscribers can learn more by viewing the plant profile.
New York has enshrined some of the most stringent goals of any state in regard to its power industry and emissions. The state's Climate Leadership and Community Protection Act sets the goal of reducing greenhouse gas emissions from all sectors to 85% below 1990 levels by 2050 and to have a zero-emission electricity grid from 2040. The legislation also mandates that the state will source 70% of its electricity from renewable sources such as wind and solar by 2030, a goal which most analysts think is unlikely to be met.
The state previously seemed to put a great deal of faith in offshore wind power to supply large amounts of emissions-free generation, although these projects haven't materialized easily, if at all. In 2023, New York provisionally awarded developers three offshore wind projects that would have accounted for 4 gigawatts (GW) of power generation, only to see all three later cancelled for "technical and commercial complexities," primarily GE Vernova's (Cambridge, Massachusetts) decision not to proceed with the development of an 18-megawatt (MW) turbine.
The Trump administration has made development of offshore wind projects difficult, ceasing all federal approvals for the projects and holding no more lease auctions. In April, the administration gave a stop-work order for the Empire offshore wind project, an 810-MW development off New York's Long Island in the middle of construction, only to reinstate it some weeks later. The lifting of the stop-work coincided with Governor's Hochul's expression of renewed interest in two natural gas pipeline projects for which the state had previously refused key permits and that were later canceled by pipeline developer Williams Companies Incorporated (Tulsa, Oklahoma).
New York's renewed expression of interest in the pipelines and the federal government's lifting of the stop-work order for the windfarm came around the same time. In late May, Williams announced that it was working with state regulators and the U.S. Federal Energy Regulatory Commission (FERC) to revive the Northeast Supply Enhancement Pipeline and Constitution Pipeline. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pipeline Project Database can learn more by viewing the related project reports on the pipelines. The Empire wind project is on track to begin delivering power in 2027. Subscribers to Industrial Info's GMI Power Project Database can learn more by viewing the project report.
With offshore wind developers exiting projects at a frequent rate in the wake of federal policies, a source of potentially large inputs of up to several hundred megawatts of emissions-free energy to the grid has been hindered, if not altogether lost for the time being. Nuclear power plants, supported by key players on both sides of the political aisle and very much in keeping with Trump's energy agenda, may provide the key to providing a cleaner form of power in the face of increasing energy demand throughout the U.S., and New York seems to be leading the way toward this renewed development.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
