Basic Facts:
- Location: Buchanan, New York
- Owner: Holtec
- Operator: Holtec Decommissioning International
- Construction Cost: $3B (2018$)
- Plant Output: 2,060 MW (Combined)
- Property Size: 240 acres
- Status: DECON
- Employees: 1,000
- Current DTF Balance: $1.3B (2018$)
- DTF Balance Prior to Decommissioning: $1.4B (2018$)
- Decommissioning Cost Estimate: $1.0B (2018$)
- Spent Nuclear Fuel on Site: 1,446 metric tons (Units 1 & 2)
Background
The Indian Point nuclear power station consists of two pressurized water reactors. Construction began in 1966 (Unit 2) and 1968 (Unit 3) with licensed operations commencing in 1974 and 1976 respectively.
In 1973 (Unit 2) and 1975 (Unit 3), the NRC granted Indian Point a forty-year operating license for both units. In 2017, Entergy and the State of New York reached a settlement governing the closure of Indian Point in 2020-2021. Updates from the Indian Point Closure Task Force can be found here.
Socioeconomics
The Indian Point nuclear power plant is located within Westchester County, New York. As of 2016, socioeconomic information is as follows:
- Population: 980,000
- Per Capita Annual Income: $102,000
- Unemployment rate (not seasonally adjusted): 3.6%
The Indian Point Energy Center employs approximately 1,000 workers with annual payroll totaling $140M. The plant contributes approximately $75M in annual property taxes.
Contact Information
Economic Development Administration Representative:
- Edward Hummel, Philadelphia Regional Office, t: (215) 316-2124, e: ehummel@eda.gov
Economic Development District
Nuclear Regulatory Commission Contact
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: diane.screnci@nrc.gov
- Indian Point Unit 2, Indian Point Unit 3
Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to info@decommissioningcollaborative.org.
Additional Information
New Options at Indian Point?
New Options at Indian Point?A week after Holtec, the firm that is decommissioning the Indian Point nuclear power plant, challenged a state law that prevents it from discharging radioactive water into the Hudson River, an oversight board discussed alternate methods of handling the waste.
Indian Point oversight board, Holtec discuss decommissioning options of former nuclear plant
Indian Point oversight board, Holtec discuss decommissioning options of former nuclear plant The meeting is a result of the state passing a bill that bans dumping in the Hudson River.
By barge, rail or truck? Feds propose travel routes for Indian Point’s nuclear fuel
By barge, rail or truck? Feds propose travel routes for Indian Point’s nuclear fuel A new Energy Department report of shuttered nuclear power plants identifies routes that could be used to move spent fuel to an underground repository.
Why Indian Point nuclear plant won’t close until 2041
Why Indian Point nuclear plant won’t close until 2041 Indian Point’s owners say a state ban on the discharge of radiological waste in the Hudson River will delay the teardown of the nuclear power plant.
People voice frustration with Holtec at Indian Point decommissioning meeting
People voice frustration at Indian Point decommissioning meeting It was the first meeting since an announced 8-year delay.
Company says state law could delay dismantling Indian Point by 8 years
Company says state law could delay dismantling Indian Point by 8 years A law prohibiting the release of nuclear wastewater into the Hudson River could slow Holtec’s decommissioning of the plant, the company says.
Why Indian Point nuclear plant won’t close until 2041
https://www.lohud.com/story/news/2023/11/17/indian-point-nuclear-plant-teardown-is-years-behind-holtec-says-heres-why-buchanan-ny/71619543007/
Indian Point shutdown cost local jobs. Federal funding could resurrect them.
Indian Point shutdown cost local jobs. Federal funding could resurrect them. The shutdown of Indian Point in 2021 had a lasting economic impact on the village of Buchanan, the town of Cortlandt, the Hendrick Hudson School District and Westchester County. The money will go toward expanding Westchester County’s biosciences industry.
Cortlandt community forum discusses decommissioning of Indian Point nuclear plant
Cortlandt community forum discusses decommissioning of Indian Point nuclear plant Hudson Valley residents aired their concerns Thursday night about how the decommissioning of the Indian Point nuclear plant in Buchanan might impact the environment. The state Department of Public Service hosted the community forum at the Cortlandt Town Hall. Indian Point closed in April 2021 […]
$15M for Indian Point communities weathering nuclear power plant’s April shutdown
$15M for Indian Point communities weathering nuclear power plant’s April shutdown The communities around the shuttered Indian Point nuclear power plant and a Hudson River environmental group will divvy up most of the $15 million set aside in the 2017 deal to close the plant, state officials said Wednesday.