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News
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LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.
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LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.
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Industry News
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.
“As New York State electrifies its economy, deactivates aging fossil fuel power generation and continues to attract large manufacturers that create good-paying jobs, we must embrace an energy policy of abundance that centers on energy independence and supply chain security to ensure New York controls its energy future," said the Governor. "This is the second time during my administration that I am calling on the New York Power Authority to lead a critical energy initiative, and just as it is doing with the expedited buildout of renewable energy and transmission, it will now safely and rapidly deploy clean, reliable nuclear power for the benefit of all New Yorkers.”
The State of New York has aggressive climate goals - 100 percent zero-emission electricity by 2040 - plus significant electricity demand growth and planned fossil fuel power plant retirements. Achieving the climate goals and delivering reliable, affordable electricity will be a difficult mission.
“Governor Hochul is taking a critical step to ensure New York can meet its surging energy needs while advancing the state’s nation-leading climate goals," said CenterState's President and CEO. "As New York emerges as a global hub for semiconductors, microelectronics, AI, and other critical industries, clean and reliable nuclear energy must play a central role in powering that growth. The NYISO’s 2025 Power Trends Report makes it clear - the state will need 2.5 gigawatts of new power by 2035 — and over 40 percent of that will be needed in Central New York alone. We commend the governor for recognizing the urgency and taking bold action to secure New York’s energy future today.”
New advanced nuclear power capacity is expected to complement New York’s ongoing deployment of intermittent, renewable energy by adding zero-emission baseload power so as to boost grid reliability while advancing the State’s ability to achieve clean energy goals.
NYPA plans to immediately begin evaluation of technologies, business models, and locations for this first nuclear power plant and will secure the key partnerships needed for the project. This process will include site and technology feasibility assessments as well as consideration of financing options, in coordination with the forthcoming studies included in the master plan for Responsible Advanced Nuclear Development in New York, led by NYSERDA and the Department of Public Service (DPS).
The advanced nuclear initiative builds on the State’s ongoing financial support to Constellation to pursue an early site permitting process for a new project at its Nine Mile Point Clean Energy Center and will allow for future collaboration with other states and Ontario, ideally building on regional momentum to strengthen nuclear supply chains, share best practices, and support the responsible deployment of advanced nuclear technologies.
New York currently has three active nuclear plants that together provide a total of approximately 3.3 GW of capacity. The three plants (Nine Mile Point, Robert Emmett Ginna and James A. Fitzpatrick) are located in upstate New York along Lake Ontario and are owned by Constellation. According to Constellation, their three nuclear facilities produce more than 20 percent of New York’s electricity and account for nearly half the State’s clean electricity. NYPA previously operated two nuclear plants, including the FitzPatrick plant that was sold in 2000, and the Indian Point Power Plant, which shut down in 2021.
Constellation's EVP Chief Legal and Policy Officer stated, “This announcement from Governor Hochul highlights the essential role of nuclear power in delivering clean, reliable electricity to New Yorkers while supporting long-term grid stability and affordability. It is yet another recognition of nuclear energy’s critical role in achieving the nation’s leading clean energy goals. We look forward to working with the Governor and state leaders to ensure nuclear energy continues to power economic growth and a clean, affordable and reliable energy future for New York.”
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