Overview

• Gov. Kathy Hochul has tasked the New York Power Authority with siting and constructing a nuclear facility delivering at least one gigawatt of electricity.
• The planned reactor is expected to generate enough zero-emission power for roughly one million homes and replace Indian Point’s former output.
• The move responds to surging demand from data centers, artificial intelligence operations and baseline system growth.
• New York’s electricity generation has declined even as states like Texas and Florida expanded capacity, fueling bills that run 48% above the national average.
• High upfront construction costs, complex licensing requirements and potential permitting delays present significant hurdles for the project.