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

Rockland legislators urge NRC to reject sale of Indian Point

February 18, 2020

Rockland legislators urge NRC to reject sale of Indian Point – Mid Hudson NewsNEW CITY – Nine Rockland County Legislators have written to the Nuclear Regulatory Commission asking it to reject the pending sale of the Indian Point Power Plant, citing a lack of experience by the would-be buyer, as well as inadequate funding to […]

Closing Indian Point: Holtec Meeting, Longer Comment Period

February 18, 2020

Closing Indian Point: Holtec Meeting, Longer Comment Period CORTLANDT, NY – Requests for more opportunity to learn about and comment on Entergy’s plan to sell the Indian Point nuclear facility to Holtec International have borne fruit. The Hudson Valley’s representatives in Congress announced yesterday that the Nuclear Regulatory Commission has extended the comment period to […]

New York AG: Indian Point deal ‘very risky,’ asks feds to let state intervene

February 14, 2020

New York AG: Indian Point deal ‘very risky,’ asks feds to let state New York Attorney General Letitia James on Wednesday called the deal to sell the Indian Point nuclear power plant “very risky” and urged federal safety regulators to consider the state’s concerns before moving ahead.James filed a petition to intervene in the Nuclear […]

Safety concerns loom over decommission of nuclear power facility in Hudson Valley

February 13, 2020

Decommission of nuclear power facility raises concern about safety ALBANY NY (WRGB) – Attorney General Letitia James is taking action to ensure the safe, rapid, and thorough decommissioning and site restoration at Indian Point Energy Center, a nuclear power facility located in the Hudson Valley. IP is slated to end all power generation next year.

Latimer Asks For NRC Hearing On Indian Point Nuclear Plant Sale

February 12, 2020

Latimer Asks For NRC Hearing On Indian Point Nuclear Plant Sale CORTLANDT, NY – As federal officials consider approving the sale of Indian Point to a company that would decommission the nuclear plant, store radioactive materials and clean up the property, the Westchester County Executive has asked the Nuclear Regulatory Commission for more oversight.

Hen Hud Already Feeling Financial Effect of Indian Point Closure

February 5, 2020

Hen Hud Already Feeling Financial Effect of Indian Point Closure One of the two remaining nuclear units at Indian Point isn’t closing until April, but the Hendrick Hudson School District is already experiencing a financial aftershock. “Reality is setting in,” Hendrick Hudson Superintendent of Schools Joseph Hochreiter remarked last week at a joint meeting of […]

NRC Is Reviewing Application To Transfer Indian Point For Decommissioning

January 27, 2020

NRC Is Reviewing Application To Transfer Indian Point For Decommissioning The Nuclear Regulatory Commission is reviewing an application from Entergy Nuclear Operations to transfer Indian Point licenses to another company for decommissioning. The application has kicked off a public comment period and the opportunity to request a hearing. In April, Holtec and Entergy agreed that […]

State AG Cites ‘Multiple, Grave Concerns’ Over Indian Point Nuclear Plant Decommissioning

January 27, 2020

State AG Cites ‘Multiple, Grave Concerns’ Over Indian Point Nuclear Plant Decommissioning New York State Attorney General Letitia James has expressed “multiple, grave concerns” about the decommissioning of Indian Point Energy Center in Westchester. On Thursday, Jan. 23, it was announced that the federal Nuclear Regulatory Commission accepted an application from the owner of Indian […]

State AG: ‘Grave concerns’ over Indian Point nuclear plant decommissioning

January 24, 2020

State AG: ‘Grave concerns’ over Indian Point nuclear plant decommissioning CLOSE New York Attorney General wants full participation in the Indian Point decommissioning proceeding by Holtec International. New York State Attorney General Letitia James leveled “multiple, grave concerns” about the third-party subsidiaries decommissioning the Indian Point nuclear power plant in Buchanan in a statement today.

Officials, Residents Grill Company Chosen to Decommission Indian Pt.

January 22, 2020

Officials, Residents Grill Company Chosen to Decommission Indian Pt. Local elected officials and residents last week grilled a representative from the company selected to decommission the Indian Point nuclear power plants in Buchanan after the facility shuts down next year.

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