NYISO issues 2021 power trends report

May 6, 2021, 10:02AMANS Nuclear Cafe
The above figure provides NYISO's projected mix of resource capacity expected to be available for the 2021 Summer Capability Period. The figure below shows the vast difference in 2020 between clean energy provided to upstate New York and to downstate New York. With the recent closure of Indian Point-3, the difference will widen for downstate New York in 2021.

NYISO released its 2021 power trends report for the state of New York. As noted by many in the energy community prior to the closure of Indian Point nuclear power plant's Unit 2 and Unit 3 in 2020 and 2021, respectively, the projected mix of resource capacity expected for downstate New York's energy generation will be heavily reliant on fossil fuels.

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.

Searching for lost revenue from shut-down nuclear plants, NY law allows towns to assess waste storage

January 12, 2021, 9:29AMANS Nuclear Cafe

Indian Point nuclear power plant. Photo: Entergy Nuclear

Communities across the United States where nuclear power plants have been shut down face huge gaps in tax revenues, sometimes in the tens of millions of dollars. States such as New Jersey, Illinois, Wisconsin, and California are watching events in New York now that Gov. Andrew Cuomo has signed a new law that says cities can “assess the economic value of storing waste” on sites where nuclear plants once operated, as reported by Bloomberg.

When a nuclear plant closes

May 25, 2020, 9:02AMNuclear NewsRick Michal

Theresa Knickerbocker, the mayor of the village of Buchanan, N.Y., where the Indian Point nuclear power plant is located, is not happy. What has gotten Ms. Knickerbocker’s ire up is the fact that Indian Point’s Unit 2 was closed on April 30, and Unit 3 is scheduled to close in 2021. The village, population 2,300, is about 1.3 square miles total, with the Indian Point site comprising 240 acres along the Hudson River, 30 miles upstream of Manhattan. Unit 2 was a 1,028-MWe pressurized water reactor; Unit 3 is a 1,041-MWe PWR.

The nuclear plant provides the revenue for half of Buchanan’s annual $6-million budget, Knickerbocker told Nuclear News. That’s $3 million in tax revenues each year that eventually will go away. How will that revenue be replaced? Where will the replacement power come from?

New, strict rule on plant water intake targets nuclear

July 27, 2011, 6:00AMANS Nuclear CafeJim Hopf

Indian Point

A recent Reuters news article describes how New York State will require a reduction in cooling water intake for power plants and other industrial facilities, to reduce fish kills by 90 percent. The article goes on to say that the state is planning to use this rule to force the Indian Point nuclear power plant to install a $2-billion closed-cycle cooling system.