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
Holtec’s Plan To Demolish Indian Point Generates Many Questions
Holtec’s Plan To Demolish Indian Point Generates Many QuestionsCORTLANDT, NY – Cortlandt residents concerned about plans to tear down the Indian Point nuclear plants and store the radioactive waste crowded into Buchanan Village Hall this week to hear from Holtec International, the decommissioning company that could become the plants’ new owner. The sale to Holtec […]
Is The Company Poised To Dismantle Indian Point Too Radioactive?
Is The Company Poised To Dismantle Indian Point Too Radioactive? When Deb Milone looks at the soon-to-close Indian Point Energy Center, standing sentinel on a promontory above the Hudson River, she sees a future business campus, manufacturing hub, or some other revenue generator. “It’s 90 acres, and it’s a huge amount of tax loss to […]
Holtec Projects $2.3 Billion Price Tag for Indian Point Decommissioning
Holtec Projects $2.3 Billion Price Tag for Indian Point Decommissioning – ExchangeMonitor Holtec International believes it can complete decommissioning of the three nuclear reactors at the Indian Point Energy Center in upstate New York in 12 to 15 years at a cost of $2.3 billion, according to a new filing with the U.S. Nuclear Regulatory […]
Entergy, Holtec file for license transfer of closing Indian Point nuclear units
Entergy, Holtec file for license transfer of closing Indian Point nuclear units | Power Engineering Affiliates of Entergy Corp. and Holtec International have jointly filed an application asking to transfer the Nuclear Regulatory Commission license for the Indian Point Energy Center in New York. Earlier this year, New Orleans-based Entergy sold its ownership of Indian […]