New York state expects to select a community this year to host at least 1 gigawatt of new nuclear energy, signaling a push to accelerate reactor development as electricity demand climbs.
The state also plans to issue a request for proposals to potential development partners this year, according to Todd Josifovski, senior vice president of nuclear development at the New York Power Authority.
Eight upstate communities are vying for the project, which could involve a single large reactor or multiple smaller units. Governor
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.