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: [email protected]
Economic Development District
Nuclear Regulatory Commission Contact
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: [email protected]
- 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 [email protected].
Additional Information
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 TarrytownTown 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 …
Read MoreNRC Holds Public Hearing On Indian Point Decommissioning
NRC Holds Public Hearing On Indian Point Decommissioning BUCHANAN, NY – The Nuclear Regulatory Commission will hold a public meeting to discuss and take comments about a decommissioning roadmap report for the Indian Point nuclear power plant. The NRC said, on July 29, staff will present information on regulatory reviews and oversight of the plant […]
Read MoreNew Indian Point Oversight Board Forms
New Indian Point Oversight Board Forms With the shuttering of the final nuclear reactor at Indian Point in April, the Indian Point Closure Task Force is no more. But, per the order of Gov. Andrew Cuomo, the Indian Point Decommissioning Oversight Board has formed and held its first meeting last month.
Read MoreWhat’s next for decommissioned Indian Point
What’s next for decommissioned Indian Point? Indian Point, a nuclear power plant just south of Peekskill and about 35 miles north of Times Square, officially closed on April 30. This week, key stakeholders came to an agreement about how to begin the decommissioning process of the plant.
Read MoreNew York approves Indian Point sale after Holtec sets up trust to cover cost of cleanup
New York approves Indian Point sale after Holtec sets up trust to cover cost of cleanup The state Public Service Commission has O.K.’d the sale of the Indian Point nuclear power facility to Holtec International subsidiaries, a key step in a protracted round of approvals needed to lock up the sale. The PSC’s approval came […]
Read MoreRockland Officials Give Indian Point Update
Rockland Officials Give Indian Point Update NEW CITY, NY -The Indian Point Energy Center nuclear power plant in Buchanan, Westchester County ceased operations on April 30. But the plant’s proximity to Rockland County means safety and security issues remain relevant to local residents.
Read MoreLocal communities struggle with closures as Indian Point shuts down
Local communities struggle with closures as Indian Point shuts down A nuclear plant closure can leave a deep hole in local finances, thousands of well paid, highly skilled workers out of a job and retiring or migrating to other parts of the country, and cause a rise in respiratory problems as pollutant-spewing alternatives are brought […]
Read MoreGillibrand seeks funding for Indian Point towns after plant shuts down
Gillibrand seeks funding for Indian Point towns after plant shuts down U.S. Sen. Kirsten Gillibrand is backing a measure that would provide $175 million annually to communities like those around Indian Point and others that will be burdened with spent nuclear waste after the power plants shutdown.
Read MoreAs Indian Point shuts down for good, workers wish for more years, talked about defeat
Recent article from the Westchester Journal News
Read MoreHendrick Hudson Schools Weigh Financial Options as Indian Point Nears Closure
Hendrick Hudson Schools Weigh Financial Options as Indian Point Nears Closure With the Indian Point nuclear power plants scheduled to close at the end of the month and a large chunk of its annual revenue disappearing, the Hendrick Hudson School District is considering implementing the Princeton Plan at the elementary level to reduce expenses.
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