Here's the big Empire State news in my newsletter this morning. 

New York Gov. Kathy Hochul ordered the New York Power Authority, the nation's largest publicly-owned utility other than the federal government's Tennessee Valley Authority, to build a new nuclear power plant with a capacity of at least 1 gigawatt by 2040. 

I explained in here why that's such a big deal given the way the liberalization of electricity markets made building nuclear plants virtually impossible.

Here's the big Empire State news in my newsletter this morning. 

New York Gov. Kathy Hochul ordered the New York Power Authority, the nation's largest publicly-owned utility other than the federal government's Tennessee Valley Authority, to build a new nuclear power plant with a capacity of at least 1 gigawatt by 2040. 

I explained in here why that's such a big deal given the way the liberalization of electricity markets made building nuclear plants virtually impossible.  

https://paragraph.com/@kaufman/new-york-orders-its-first-new-nuclear-plant-in-four-decades

Reporter, writer and analyst. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.nyc.

great article. smol typo? :
"New York wants to change that by putting the state government in charge of building its (first) new nuclear plant in nearly 40 years."

You remember Hurricane Sandy? I was stuck in my Soho shoe box apartment without power for a week. Did NYC prepare to derisk the power grid from such a natural disaster again? I remember Bloomberg had put forth some insane plans.