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SOO Green and ONE Nuclear sign LOI to explore nuclear power transmission via new HVDC line to PJM grid

Market News
05 Nov 2026, 16:18 WIB
PRNewsWire
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Bullish
SOO Green and ONE Nuclear sign LOI to explore nuclear power transmission via new HVDC line to PJM grid

SOO Green HVDC Link and ONE Nuclear Energy have signed a Letter of Intent to explore sourcing nuclear energy through SOO Green's 2,100 MW underground HVDC transmission line connecting the MISO and PJM grids. This collaboration aims to provide firm, carbon-free power to meet rising demand in the PJM market, especially in northern Illinois where power shortfalls are projected by 2029. The SOO Green line, using existing rail corridors, offers controllable, reliable transmission capacity and is expected to start operations by 2032. The project supports economic growth, job creation, and energy security, while remaining open-access for various power sources.

The SOO Green HVDC Link and ONE Nuclear Energy collaboration is noted here with Pluang's Energy sector data for context. As of Nov 05, 2026 20:15 WIB, 64 of 79 Energy-sector US stocks on Pluang rose while 13 fell. Notable movers include UUUU at USD 6.93 with a -3.88% change, KOS at USD 2.33 with a +3.56% change, and SEDG at USD 31.00 with a +3.26% change.

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