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
NRC approves transfer of Indian Point units to Holtec
NRC approves transfer of Indian Point units to Holtec – Mid Hudson NewsBUCHANAN – The US Nuclear Regulatory Commission, Monday, approved the application to transfer the licenses for the Indian Point nuclear power plants in Buchanan to Holtec International for prompt decommissioning. The transfer of the Indian Point units one, two and three are currently […]
Read MoreNuclear Regulatory Commission staff approves Indian Point sale to Holtec
Nuclear Regulatory Commission staff approves Indian Point sale to Holtec The Nuclear Regulatory Commission’s staff has approved the sale of the Indian Point nuclear power plant to Holtec, despite the objections of New York state officials who fear the New Jersey firm does not have the financial backing to finish a teardown of the plant.
Read MoreAssemblywoman Galef Calls For Public Meeting About Indian Point Decommissioning Process
https://riverjournalonline.com/business/assemblywoman-galef-calls-for-public-meeting-about-indian-point-decommissioning-process/22033/
Read MoreMassachusetts drops challenge of nuclear power plant sale in deal that could hint at Indian Point’s future
Massachusetts drops challenge of nuclear power plant sale in deal that could hint at Indian Point’s future The New Jersey company with a deal to buy the Indian Point nuclear power plant has settled a legal dispute with Massachusetts by agreeing to put $193 million in reserve while it tears down a nuclear power plant […]
Read MoreHarckham and Galef Win Support for Indian Pt. Jobs, Local Revenue
Harckham and Galef Win Support for Indian Pt. Jobs, Local Revenue New York State Senator Pete Harckham and Assemblywoman Sandy Galef won strong support today for workforce protections and local municipalities and taxpayers while the Indian Point Energy Center undergoes its decommissioning process, as three important bills passed in the Senate were approved today in […]
Read MoreIndian Point communities stake claim to $15M fund as they fight for their future
Indian Point communities stake claim to $15M fund as they fight for their future CLOSE Forgive Theresa Knickerbocker if she’s starting to sound frustrated. She’s just getting tired of listening to anti-nuclear advocates cheer the pending shutdown of the Indian Point nuclear power plant, a chorus that grew louder this week as one of the […]
Read MoreIndian Point’s impending partial closure already straining finances of nearby cities
Indian Point’s impending partial closure already straining finances of nearby cities Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade. When we are back up and running you will be prompted at that time to complete your sign in.
Read MoreCurtain lowers on nuke plant a stone’s throw from Manhattan
Curtain lowers on nuke plant a stone’s throw from Manhattan ALBANY, N. Y. (AP) – With the push of a red button, one of the two operating reactors at an aging nuclear plant serving millions of people in the New York City area will shut down Thursday night as federal regulators consider the owner’s proposal […]
Read MoreIndian Point nuclear plant to begin shutdown
Indian Point nuclear plant to begin shutdown One of the two operating nuclear reactors at the Indian Point Energy Center north of New York City is shutting down this week. The 1,020-megawatt Unit 2 reactor will shut down Thursday night and the Unit 3 reactor will close a year later under an agreement plant owner […]
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