New York Gov. Kathy Hochul and Ontario Premier Doug Ford announced a new agreement in Buffalo, N.Y., in December. (Photo: Darren McGee/Office of Gov. Kathy Hochul)
In 2025, New York Gov. Kathy Hochul was a vocal supporter of new nuclear development in the state. In October, she called on the New York Power Authority (NYPA)—the state’s public electric utility—to add 1 GW of new nuclear.
At the tail end of December, New York made more nuclear progress on three fronts. Hochul signed an agreement with Ontario Premier Doug Ford to collaborate on new nuclear development, Ontario Power Generation (OPG) signed a memorandum of understanding with the NYPA, and New York finalized its 2025 energy plan.
Concept art of NANO Nuclear’s ALIP MR-12 internal structure (skeleton). (Image: Nano Nuclear)
To better educate customers and stakeholders on its technology, NANO Nuclear Energy has opened a new demonstration facility in Westchester County, N.Y., that offers an up-close look at nonnuclear parts and components of the four microreactors the company has in development.
The above figure provides NYISO's projected mix of resource capacity expected to be available for the 2021 Summer Capability Period.
The figure below shows the vast difference in 2020 between clean energy provided to upstate New York and to downstate New York. With the recent closure of Indian Point-3, the difference will widen for downstate New York in 2021.
NYISO released its 2021 power trends report for the state of New York. As noted by many in the energy community prior to the closure of Indian Point nuclear power plant's Unit 2 and Unit 3 in 2020 and 2021, respectively, the projected mix of resource capacity expected for downstate New York's energy generation will be heavily reliant on fossil fuels.
Indian Point nuclear power plant in Buchanan, N.Y.
The State of New York will withdraw its lawsuit against the transfer of Indian Point’s license to Holtec International for decommissioning under a provisional agreement signed on April 14. In exchange, Holtec has agreed to maintain a minimum of $400 million in Indian Point’s decommissioning trust fund for the next 10 years.