N.Y. drops its objections to sale of Indian Point in deal with Holtec

April 19, 2021, 3:00PMRadwaste Solutions
Indian Point nuclear power plant in Buchanan, N.Y.

The State of New York will withdraw its lawsuit against the transfer of Indian Point’s license to Holtec International for decommissioning under a provisional agreement signed on April 14. In exchange, Holtec has agreed to maintain a minimum of $400 million in Indian Point’s decommissioning trust fund for the next 10 years.

To continue reading, log in or create a free account!

Related Articles

Notes from Poland

March 25, 2024, 9:32AMNuclear NewsWojciech Jerzy Głuszewski

The development of nuclear power is one of the pillars of Poland’s energy transition, which involves construction of safe and modern Generation III+ pressurized water reactors.Polskie...