07/14/2026 | Press release | Distributed by Public on 07/14/2026 08:33
On June 12, 2026, the New York State Energy Research and Development Authority (NYSERDA) and the Department of Public Service (DPS) announced the joint release of an Advanced Nuclear Policy Options Paper, the first publication of New York's Master Plan for Responsible Advanced Nuclear Development (Advanced Nuclear Master Plan). The Advanced Nuclear Policy Options Paper assesses policy levers to support advanced nuclear projects, addressing financial support mechanisms, barriers to commercial viability, risk management, technology determination, and procurement approaches.
The Advanced Nuclear Master Plan, also a collaborative effort between NYSERDA and DPS, will evaluate best practices and opportunities for new nuclear development in the state, focusing on regulatory and safety issues, siting, waste, environmental justice, supply chain and workforce, research and development, and fusion. This effort supports Governor Kathy Hochul's 2026 State of the State directive to develop 4 GW of new nuclear generation as well as the implementation of the State Energy Plan.
NYSERDA also serves as a co-chair of the NASEO Advanced Nuclear First Mover Initiative, which advances next-generation nuclear technologies.