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
As Indian Point shuts down for good, workers wish for more years, talked about defeat
Recent article from the Westchester Journal News
Hendrick 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.
Decommissioning Gets Personal — What’s Next for Entergy Employees?
Decommissioning Gets Personal – What’s Next for Entergy Employees? When the State of New York announced the shutdown of the Indian Point Energy Center in 2017, local officials scrambled to create a task force with the intent of addressing the impact it would have on the area’s economy and workforce.
Westchester County Executive George Latimer Statement to PSC Hearing on Indian Point Transfer to Holtec
Westchester County Executive George Latimer Statement to PSC Hearing on Indian Point Transfer to Holtec “Westchester County urges the PSC to exercise its authority to protect the public interest and assure that the decommissioning process is adequately funded and carried out safely and successfully with restoration of the Indian Point site to an environmentally sound […]
NYS PSC Hearings On Indian Point License Transfer Draw Numerous Comments
NYS PSC Hearings On Indian Point License Transfer Draw Numerous Comments The New York state Public Service Commission held two virtual public hearings Tuesday on the proposed license transfer for the Indian Point nuclear power plant. The hearings are to help determine whether the PSC should exercise jurisdiction over the proposed transfer. The plant in […]
Public hearing set to give neighbors space to voice concerns on Indian Point decommissioning
Public hearing set to give neighbors space to voice concerns on Indian Point decommissioning Northern Westchester residents will get to voice their concerns Tuesday during a public hearing about the company set to decommission Indian Point. The clock is ticking as the power plant is set to shut down for good at the end of […]
As Indian Point Shutdown Nears, Entergy Posts Layoff Warning
As Indian Point Shutdown Nears, Entergy Posts Layoff Warning CORTLANDT, NY – With the final shutdown for Indian Point coming in April, Entergy has filed a notice with the New York State Labor Department about the imminent layoff of 308 employees. The layoff date is May 20, according to the notice, and covers all 308 […]
As Entergy Eyes the Exit, Cortlandt Eyes the Exit Fees
As Entergy Eyes the Exit, Cortlandt Eyes the Exit Fees Since 1962, the Indian Point Energy Center in Buchanan has been a familiar sight to residents of Westchester’s River Towns. In 2017, it was decided that the power plant’s time along the Hudson River would come to an end after nearly 60 years.
Top state officials blast NRC over Indian Point ruling
Top state officials blast NRC over Indian Point ruling – Mid Hudson News ALBANY – The Nuclear Regulatory Commission has denied the state’s request for a hearing on decommissioning of the Indian Point nuclear power plants in Buchanan and that is “unacceptable and a blatant disregard of the state’s serious concerns,” Governor Cuomo said Friday. […]
New York sues federal nuclear agency over decommissioning of Indian Point plant
New York sues federal nuclear agency over decommissioning of Indian Point plant (The Center Square) – The state of New York on Friday filed a lawsuit against the U.S. Nuclear Regulatory Commission after the federal agency denied the state a hearing over the decommission plan for the Indian Point nuclear power plant, Attorney General Letitia […]