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

IP decommissioning advisory committee meets

June 14, 2019

Indian Point: 2 proposals to save jobs, protect economy | Opinion

June 14, 2019

Citizens Group Launched On Indian Point Decommissioning

June 9, 2019

Bill To Protect Indian Point Jobs Passes Senate, Entergy Says It Could Delay Decommissioning

June 7, 2019

Buchanan Mayor Talks About Game Plan For Indian Point Closure

May 29, 2019

Planned Indian Point Sale Sparks Questions From Task Force Members

May 5, 2019

Holtec Aims to Buy Another Retiring Nuclear Plant

April 17, 2019

Community advisory panel to keep residents in the loop about Indian Point closure

March 29, 2019

Indian Point Task Force Sets Next Meeting

March 28, 2019

Officials prepare for end of Indian Point closure

March 12, 2019

(802) 345-7044

info@decommissioningcollaborative.org

Connect

Blog

Contact

Download our

free report

Discover tools and information for improving project outcomes and
catalyzing economic recovery

Scroll to Top