Three Nebraska utility companies launch joint effort to explore advanced nuclear energy

LINCOLN, Neb. (KOLN) — In a collaborative effort between Nebraska and Oklahoma, four utility companies have launched a joint effort to explore advanced nuclear energy.

Lincoln Electric System, Nebraska Public Power District, Omaha Public Power District and Grand River Dam Authority have signed a Memorandum of Understanding to form the Great Plains New Nuclear Consortium. 

The consortium will explore the feasibility and development of deploying between 1,000 and 2,000 megawatts of new nuclear technology, including Small Modular Reactors, within Nebraska to serve the needs of the four utilities in the Southwest Power Pool market footprint.

The consortium will focus on feasibility studies, site evaluations and technology assessments. No construction or investment decisions have been made at this time.

The consortium will be coordinated by a steering committee led by NPPD with representatives from each participating utility. 

“Nuclear technology has long proven to be a dependable and resilient energy source,” said NPPD President and CEO Tom Kent. “Public power utilities have a strong tradition of collaboration, and this consortium strengthens that legacy as we work together to meet the region’s growing energy demands.” 

NPPD is currently finalizing a nuclear feasibility siting study funded through the Nebraska Legislature and the Nebraska Department of Economic Development.

A joint landing page with FAQs and additional information will launch at www.gpnuclearconsortium.com .

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