Constellation to Pursue New York Nuclear Project, CEO Says

Constellation Energy Corp. is planning to pursue a nuclear project in upstate New York, responding to a push from the governor.

The biggest US nuclear operator already has three plants in New York, and Chief Executive Officer Joe Dominguez said these would be logical sites for a new reactor.

WATCH: Constellation Energy CEO Joe Dominguez discusses the current regulatory environment and the company’s plans to pursue a nuclear project in upstate New York.

Source: Bloomberg

The US is seeing growing enthusiasm for nuclear energy to meet surging power demand driven by artificial intelligence, data centers, factories and increasingly electrified homes. But few companies are willing to take on a major project without government support given cost overruns and delays often drag development.

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