Overview
- Premier Doug Ford and Governor Kathy Hochul unveiled the memorandum in Buffalo, formalizing a NYPA–OPG partnership on small modular reactors and large-scale nuclear projects.
- Under the framework, the utilities will coordinate on technology transfer, financing approaches, facility development, and workforce training for future nuclear deployment.
- Ontario invited New York to draw on its Darlington experience, where four SMRs are under construction with about $3 billion in joint funding and initial operations targeted around 2030.
- The partners will also examine opportunities for cross-border electricity trade to bolster reliability and cut emissions.
- New York leaders outlined goals to add roughly 1 gigawatt of new nuclear capacity within five years, with 23 developers and eight communities signaling interest, and emphasized stringent safety standards.