SOO Green and ONE Nuclear Enter Collaboration for Nuclear Energy Delivery to PJM Grid

On November 5, 2026, SOO Green HVDC Link and ONE Nuclear Energy Inc. announced a significant step towards enhancing the nuclear energy landscape in the PJM Interconnection. They have signed a Letter of Intent (LOI) outlining their plans to explore the integration of firm nuclear energy and its capacity into the PJM market utilizing SOO Green’s extensive 2,100-megawatt underground High Voltage Direct Current (HVDC) transmission line.

This strategic partnership underscores the commitment of both organizations to develop a robust energy supply mechanism that potentially heralds a new era for nuclear energy in the region. The LOI aims to facilitate collaboration on various nuclear generation opportunities, laying the groundwork for definitive agreements and adherence to necessary regulatory and financial prerequisites.

David Pacyna, CEO of SOO Green, emphasized the importance of having versatile transmission infrastructure capable of delivering different types of dependable power. He suggested that SOO Green’s design was specifically tailored for this purpose. By adopting existing rail right-of-way paths for the HVDC line, the initiative has gained bipartisan support, seen as a pathway to promote economic growth, lower expenses for consumers, and strengthen the country’s energy independence.

In this context, the partnership with ONE Nuclear is crucial, offering clients access to a diversified power supply portfolio that could includes advanced nuclear. The ONE Nuclear Project is anticipated to yield up to 1,000 MW of clean, carbon-free energy, which is essential amidst warnings from Illinois agencies about impending power shortages.

With demand surging due to rising digital infrastructure and industrial electrification, capacity prices in the PJM region are projected to escalate significantly. SOO Green aims to address these challenges by providing 2,100 MW of controllable transfer capabilities, particularly in northern Illinois where shortfalls are expected soonest. The HVDC technology allows greater control over power flows, equipping grid operators with enhanced tools for managing and supporting the energy needs during high-stress situations.

The LOI outlines a framework for potential nuclear energy developments leveraging SOO Green’s transmission capabilities, ensuring they operate independently yet cooperatively. The planned 350-mile underground HVDC line will span from Mason City, Iowa, to Yorkville, Illinois, traversing primarily established Canadian Pacific Railway corridors, minimizing the need for new overhead lines and reducing the impact on the environment.

Construction could commence as early as 2028, and the project is expected to induce substantial economic benefits, projected at approximately $3.2 billion during its construction phase. Furthermore, it promises the creation of thousands of skilled jobs, aided by key partnerships with industry giants such as Siemens Energy, Jingoli Power, PPL Corporation, and Prysmian Group.

In conclusion, the partnership between SOO Green and ONE Nuclear signifies a multi-faceted approach to energy supply, focusing on reliability, environmentally friendly options, and economic advancement. With potential commercial operations targeted for 2032, the collaboration serves as a compelling solution to address the evolving energy demands while aiding in strengthening the region's infrastructure for future energy security.

Topics Energy)

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