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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

One Gas Rate Sought for Three Rhode Island Utilities

LCG, July 5, 2001Southern Union Co., which last year purchased three Rhode Island utilities, has asked the state's Division of Public Utilities and Carriers for permission to consolidate three sets of rates into one and says it will share savings from the combination of the companies with customers as well as shareholders.

Southern Union was roundly criticized last winter for not doing enough to keep natural gas rates in line for its Rhode Island customers, and DPUC commissioners were among the critics.

Last year, the company paid $400 million for Providence Energy Corp., the parent of Providence Gas Co. and North Attleboro Gas Co., $160 million for Valley Resources, which owned Valley Gas Co. and Bristol & Warren Gas Co., and $75 million for Fall River Gas Co. All of the companies were folded into Southern Union's freshly minted New England Division.

In its application, Southern Union said it wants to consolidate the rates of Providence Gas, Valley Gas and Bristol & Warren Gas. The company must file a more-detailed plan by Sept. 1 with the utilities division spelling out the details on issues such as how much money customers will save from the combination. A plan on how rates will change must go to the state Public Utilities Commission by Dec. 1.

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