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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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DOE Announces New Path to Test Advanced Nuclear Reactors

LCG, June 18, 2025--The U.S. Department of Energy (DOE) announced late today a new pilot program to expedite the testing of advanced nuclear reactor designs under DOE authority outside of the national laboratories. The new pilot program is intended to unlock private funding and provide a fast track to commercial licensing.

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Industry News

Duke Expects Higher Costs for New Coal-fired Units at Cliffside

LCG, October 27, 2006--Duke Energy announced yesterday that it anticipates the cost to add two, 800-MW coal units at Cliffside Steam Station to exceed the $2 billion previously estimated. The first unit is scheduled to commence operations in 2011.

The estimated degree of cost increases was sufficient enough such that Duke decided to file the increases with the North Carolina Utilities Commission on a confidential basis. The cost increases are based on bids that represent about 20 percent of the construction costs.

Duke filed its application in May 2005 for a ?Certificate of Public Convenience and Necessity? (CPCN) application with the North Carolina Utilities Commission to expand and upgrade the Cliffside Steam Station, located in Rutherford and Cleveland counties, North Carolina.
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