The New York Power Authority plans to approach the Energy Department's loan office about the state's new nuclear energy plans, president and CEO Justin Driscoll tells Axios. Why it matters: The comments help reveal how the NYPA is thinking about options for launching the state's first reactor construction in decades.

In her announcement, Gov. Kathy Hochul gave few details about where the plant would be built, how much the project would cost or how long it would take to complete.

New York’s governor on Monday proposed the construction of the state’s first new nuclear power plant in decades. Gov. Kathy Hochul directed the state’s power authority to develop an advanced, “zero-emission” facility in upstate New York that she hopes will help create a clean,