New York Targets 8.4 GW Nuclear Capacity to Decarbonize Its Power Grid

New York State Governor Kathy Hochul has presented an initiative to establish an 8.4 GW nuclear backbone to support grid reliability. The Nuclear Reliability Backbone program plans for 4 GW of new advanced nuclear capacity, which will complement existing facilities and the New York Power Authority’s (NYPA) 1 GW project. The Department of Public Service will be tasked with establishing a regulatory framework to facilitate the development of these new plants.