Monday, June 23, 2025

NY to Build New Nuclear Power Plant



New York is Planning to Build the Nation's First New Major Nuclear Power Plant in more than 15 years.

The Project should add at least 1 Gigawatt of New Power Generation to the State's abilities, Gov. Kathy Hochul (D) said Monday, enough to Power about a Million Homes.

Because of Safety and Cost concerns, only Five New Commercial Reactors have Opened in the U.S. since 1991.

The New York Reactor could Kick-Off a "New Era" of Investment in Nuclear Power.

It could be a Big Reactor, or a Handful of Small Modular Reactors, and could help Jump-Start a New era of U.S. Nuclear Reactor Construction.

Nuclear Power Stocks Rise after the Announcment. The Stocks of Leading Nuclear Power Companies are up about 2%. Shares of Oklo, Cameco (CCJ), and Nuscale Power (SMR), are Trending, but we are a long way from Shovels in the Ground on this.










NYC Wins When Everyone Can Vote! Michael H. Drucker


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