Three Nebraska utility companies part of joint effort to explore new nuclear technology

LINCOLN, Neb. (KLKN) — Three Nebraska utility companies and an Oklahoma utility company have launched a joint effort to explore advanced nuclear energy.

In a press release on Monday, Nebraska Public Power District, Omaha Public Power District, Lincoln Electric System and Grand River Dam Authority announced a Memorandum of Understanding to form the Great Plains New Nuclear Consortium.

The consortium will explore the feasibility and development of deploying 1,000 to 2,000 megawatts of new nuclear technology in 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. According to the utility companies, no construction or investment decisions have been made at this time.

“This is a smart, forward-looking step for public power,” said Javier Fernandez, president and CEO of OPPD. “We’re exploring all viable options to ensure we can continue to deliver reliable, affordable energy, and we’re doing it in a way that’s transparent, collaborative, and grounded in data.”

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.”

The consortium allows the partners to share expertise, reduce costs and evaluate how new nuclear technology could play a role in their future energy mix.

“This partnership reflects the best of public power: local utilities working together for the long-term good of our communities,” said Emeka Anyanwu, CEO of LES. “We’re committed to thoughtful planning that puts people first and ensures our customers benefit from innovation, resilience and shared value.”

“GRDA is proud to bring our generation and grid expertise to this effort,” said Dan Sullivan, president and CEO of GRDA. “This is about preparing for the future responsibly with a focus on reliability and cost-effectiveness.”

Each utility will fund its own early-stage work. Any future steps, such as investment, permitting or construction, would follow public engagement and each utility’s independent board approval process.

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

“While there is important work ahead, the siting feasibility study positions us proactively as the consortium begins exploring opportunities to deploy this technology within Nebraska,” added Kent.

More information can be found on the consortium’s website.