{"id":976178,"date":"2026-06-26T11:27:48","date_gmt":"2026-06-26T15:27:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/constellation-seeks-license-renewals-for-two-new-york-units-through-2049\/"},"modified":"2026-06-26T11:27:48","modified_gmt":"2026-06-26T15:27:48","slug":"constellation-seeks-license-renewals-for-two-new-york-units-through-2049","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/constellation-seeks-license-renewals-for-two-new-york-units-through-2049\/","title":{"rendered":"Constellation Seeks License Renewals for Two New York Units Through 2049"},"content":{"rendered":"

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Constellation Seeks License Renewals for Two New York Units Through 2049<\/b><\/p>\n

Maintaining nuclear fleet will save New Yorkers $50 billion and sustain reliable emissions-free power amid rising demand<\/i><\/p>\n

ONTARIO, N.Y.–(BUSINESS WIRE<\/a>)–
\nConstellation (Nasdaq: CEG) has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation\u2019s decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State\u2019s renewal of its Zero Emissions Credit (ZEC) program is working as intended.<\/p>\n

\n\u201cWe commend Governor Hochul and the Public Service Commission for recognizing the unmatched safe, reliable, zero-emission power our upstate nuclear fleet delivers and for taking actions to keep these key assets running,\u201d said Joe Dominguez<\/b>, president and CEO of Constellation. \u201cConstellation\u2019s four upstate nuclear units provide nearly half of the state\u2019s clean power, support thousands of family-sustaining jobs and generate millions in local tax revenue.\u201d<\/p>\n

\nRenewal of the ZEC program is projected to deliver $50 billion in ratepayer savings by 2050, contribute $38 billion to New York\u2019s economy, secure 14,000 good-paying, local jobs for decades to come, and preserve $10 billion in tax revenue for the state.<\/p>\n

\n\u201cExtending the operational life of New York\u2019s nuclear fleet is crucial \u2014 it\u2019s the backbone of our energy future and a lifeline for working families across the state,\u201d said Greg Lancette<\/b>, International Representative, United Association of Union Plumbers, Fitters, Welders and Service Techs. \u201cThese plants fuel thousands of good-paying, union jobs that support families, strengthen local economies, and keep communities stable.\u201d<\/p>\n

\nConstellation is the nation\u2019s largest producer of reliable, emissions-free nuclear energy and it invests billions of dollars to maintain, modernize and operate its fleet at world-class standards of safety and performance. Constellation\u2019s existing nuclear locations are also promising and logical sites for new nuclear development that offer existing infrastructure and operational expertise along with neighboring communities that understand and support nuclear power and the economic development opportunities it delivers.<\/p>\n

\nConstellation\u2019s license renewal applications of two of its nuclear reactors in upstate New York have initiated a comprehensive review by the NRC of the reactors\u2019 maintenance plans, plant equipment and safety systems. Constellation filed license renewal requests with the NRC on June 17 for Ginna and on March 25 for Nine Mile Point Unit 1. If approved, the units\u2019 operating licenses would be extended 20 years, to 2049. Nine Mile Point Unit 2 is currently licensed to operate until 2046.<\/p>\n

\nConstellation\u2019s nuclear fleet in upstate New York is comprised of:<\/p>\n