Navigating Nuclear: Updates in New York

Short summary

New York's PSC issued an order establishing a Nuclear Reliability Backbone Process targeting 4 GW of new advanced nuclear capacity, potentially including one to two gigawatt-sized plants by 2040. NYSERDA and DPS released an Advanced Nuclear Policy Options Paper identifying key challenges: pre-final investment decision funding, private construction financing, and operating revenue sufficiency. Stakeholder comments are due by August 10, 2026, with a full Advanced Nuclear Master Plan expected by end of 2026.

• •New York PSC targets 4 GW of new advanced nuclear capacity by 2040
• •NYSERDA-DPS Options Paper identifies funding, financing, and revenue challenges
• •Stakeholder comments due August 10, 2026; full Master Plan expected by end of 2026

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