Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

White House Prepares Plan to Combat Oil Price Spike

March 3, 2026

Australia just experienced its wettest summer in nearly a decade – and the eighth-hottest on record | Australia news

March 3, 2026

Brussels urges calm as Iran crisis sends European gas prices soaring

March 3, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » New York planning to build first major new US nuclear power plant in over 15 years – Oil & Gas 360
Interest Rates Impact on Oil

New York planning to build first major new US nuclear power plant in over 15 years – Oil & Gas 360

omc_adminBy omc_adminJune 25, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


(New York Post) – New York is planning to build the first major new US nuclear power plant in more than 15 years, Gov. Kathy Hochul said — and it will have enough output to power 1 million homes.

New York planning to build first major new US nuclear power plant in over 15 years- oil and gas 360

The New York Power Authority has been instructed to develop the zero-emission advanced nuclear power plant in upstate New York with no less than 1 gigawatt of electricity as the state grasps to meet its legally-mandated climate goals.

The announcement comes just four years after former Gov. Andrew Cuomo closed Indian Point nuclear plant in upper Westchester County.

“As New York State electrifies its economy, deactivates aging fossil fuel power generation and continues to attract large manufacturers that create good-paying jobs, we must embrace an energy policy of abundance that centers on energy independence and supply chain security to ensure New York controls its energy future,” she said in a statement touting the announcement.

Before it shut, Indian Point had generated roughly a quarter of the electricity used in New York City and Westchester County.

Hochul has previously argued that officials should have come up with a Plan B and better anticipated the state’s energy needs before moving to cut the plant.

The governor signaled last year that she and energy officials were considering nuclear reactors to be part of New York’s clean energy goals.

Under the 2019 Climate Act, that is required to have 70% renewable electricity sources by 2030 and net-zero carbon emissions by 2040.

“This is the second time during my administration that I am calling on the New York Power Authority to lead a critical energy initiative, and just as it is doing with the expedited buildout of renewable energy and transmission, it will now safely and rapidly deploy clean, reliable nuclear power for the benefit of all New Yorkers,” Hochul said.

The public utility, who will find the site and come up with the new reactor’s design, can either go at it alone or enlist private entities.

Viable locations will be assessed on a range of factors – including public safety, compatibility with existing infrastructure and land availability, according to Hochul.

“Time and time again, the Power Authority has been called upon by New York State leadership to take bold action and we have delivered outcomes to support the public good,” New York Power Authority President and CEO Justin E. Driscoll said.

“I am honored by Governor Hochul’s confidence in NYPA to lead the buildout of the affordable and reliable clean energy economy of the future and we are eager to deliver on this impactful nuclear initiative for New Yorkers.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio – Oil & Gas 360

March 3, 2026

BlackRock, EQT to acquire AES Corp. in $33.4B deal – Oil & Gas 360

March 2, 2026

BlackRock, EQT to acquire AES Corp. in $33.4B deal – Oil & Gas 360

March 2, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Brussels urges calm as Iran crisis sends European gas prices soaring

By omc_adminMarch 3, 2026

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign…

Petro-Victory spuds SJ-12 gas well at São João field, Brazil

March 2, 2026

WhiteHawk Energy to acquire 500-producing-well Haynesville mineral portfolio

March 2, 2026

Qatar shuts Ras Laffan LNG plant after Iranian drone strike

March 2, 2026
Top Trending

Australia just experienced its wettest summer in nearly a decade – and the eighth-hottest on record | Australia news

By omc_adminMarch 3, 2026

BlackRock, EQT Lead $33 Billion Acquisition of AES

By omc_adminMarch 2, 2026

UK slashes climate aid programmes for developing countries | Climate crisis

By omc_adminMarch 2, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Brazil offshore vessel operators OceanPact, CBO announce merger

March 2, 2026

Crude Jumps on Iran War Escalation

March 2, 2026

Petro-Victory spuds SJ-12 gas well at São João field, Brazil

March 2, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.