Indian Point 2 & 3

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)
Indian Point Photojpg

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:

Economic Development District

Nuclear Regulatory Commission Contact

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 [email protected].

Additional Information

Why Indian Point nuclear plant won’t close until 2041

February 25, 2024

Why Indian Point nuclear plant won’t close until 2041Indian 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.

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People voice frustration with Holtec at Indian Point decommissioning meeting

December 8, 2023

People voice frustration at Indian Point decommissioning meeting It was the first meeting since an announced 8-year delay.

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Company says state law could delay dismantling Indian Point by 8 years

December 1, 2023

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.

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Why Indian Point nuclear plant won’t close until 2041

November 19, 2023

https://www.lohud.com/story/news/2023/11/17/indian-point-nuclear-plant-teardown-is-years-behind-holtec-says-heres-why-buchanan-ny/71619543007/

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Indian Point shutdown cost local jobs. Federal funding could resurrect them.

February 15, 2023

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.

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Cortlandt community forum discusses decommissioning of Indian Point nuclear plant

February 5, 2023

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 […]

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$15M for Indian Point communities weathering nuclear power plant’s April shutdown

October 29, 2021

$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.

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Why nuclear plants are shutting down

October 10, 2021

Why nuclear plants are shutting down The infamous Indian Point nuclear plant, located roughly 30 miles north of Manhattan, shut down earlier this year. To many, the shutdown was a victory following decades of protests about safety and environmental concerns. Here’s the problem: When operating, Indian Point provided more electricity than is produced annually by […]

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Town Of Cortlandt: Comments For The July 29, 2021 NRC Public Meeting

July 30, 2021

https://patch.com/new-york/peekskill/town-cortlandt-comments-july-29-2021-nrc-public-meeting

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Town Of Cortlandt: NRC To Hold Public Meeting On 7/29 In Tarrytown

July 26, 2021

Town Of Cortlandt: NRC To Hold Public Meeting On 7/29 In Tarrytown Town Of Cortlandt: NRC To Hold Public Meeting On 7/29 In Tarrytown – Peekskill-Cortlandt, NY – NRC to Hold Public Meeting on 7/29 in Tarrytown, N.Y. to Receive Comments on Indian Point Nuclear Power Plant Decommissioning Activities …

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