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:

  • Edward Hummel, Philadelphia Regional Office, t: (215) 316-2124, e: ehummel@eda.gov

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 info@decommissioningcollaborative.org.

Additional Information

Indian Point communities stake claim to $15M fund as they fight for their future

May 1, 2020

Indian Point communities stake claim to $15M fund as they fight for their futureCLOSE 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 plant’s […]

Indian Point’s impending partial closure already straining finances of nearby cities

April 30, 2020

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.

Curtain lowers on nuke plant a stone’s throw from Manhattan

April 30, 2020

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 […]

Indian Point nuclear plant to begin shutdown

April 30, 2020

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 […]

NRC Delivers Briefing On Indian Point Decommissioning

April 26, 2020

NRC Delivers Briefing On Indian Point Decommissioning The Nuclear Regulatory Commission held a briefing with reporters Tuesday about the upcoming decommissioning of the Indian Point nuclear power plant. The Westchester County-based plant is scheduled to permanently shut down Unit 2 next week, and Unit 3, one year later. NRC officials presented a slideshow, with various […]

Indian Point to Begin Shutdown

April 26, 2020

Indian Point to Begin Shutdown | The Highlands Current After decades of production and protests, the Indian Point nuclear power plant will begin to shut down next week with the closure of one of its two remaining reactors. Reactor No. 2 is scheduled to shut down on Thursday (April 30), with No. 3 to follow […]

Indian Point’s Unit 2 reactor prepares to shut down for good, ending nuclear optimism era

April 10, 2020

Indian Point’s Unit 2 reactor prepares to shut down for good, ending nuclear optimism era CLOSE Indian Point’s Unit 2 reactor will shut down April 30, ending a 46-year run generating electricity for Westchester County and New York City. Workers who were around when Unit 2 opened won’t be allowed to view the shutdown because […]

Indian Point communities challenging sale of nuclear plant to Holtec International

April 6, 2020

Indian Point communities challenging sale of nuclear plant to Holtec International CLOSE The communities around Indian Point are challenging Entergy’s plan to sell its nuclear power plant by raising questions about the financial health of the New Jersey decommissioning firm that wants to buy and knock it down.

The first of Indian Point’s two working nuclear reactors shuts down April 30. Then what? Get the answers here.

March 27, 2020

The first of Indian Point’s two working nuclear reactors shuts down April 30. Then what? Get the answers here. CLOSE Indian Point’s Unit 2 shuts down April 30, the first of two working reactors to be powered down before the nuclear power plant in Buchanan closes for good in April 2021. After that, Entergy, Indian […]

Several Rockland Lawmakers Oppose Indian Point Sale Plan

February 19, 2020

Several Rockland Lawmakers Oppose Indian Point Sale Plan NEW CITY, NY – Nine members of the Rockland County Board of Legislators have written to the Nuclear Regulatory Commission objecting to Entergy’s application to transfer its license for the Indian Point nuclear plant to Holtec, a decommissioning company. Indian Point is scheduled to be completely shut […]

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