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NYS, Holtec And Stakeholders Reach Agreement To Decommission Indian Point

6:02
The owner of the Indian Point nuclear power plant, the prospective owner and several stakeholders, including New York state, have reached an agreement regarding the decommissioning of the Westchester County-based plant. This comes as the plant permanently shuts down by the end of the month.
The joint proposal has been submitted to the New York state Public Service Commission for approval and is available for public comment. The provisional agreement was negotiated by New York state, current Indian Point owner Entergy, Holtec International, Westchester County, the local school district and local governments, Riverkeeper and the Public Utility Law Project. If approved by the PSC, the agreement would transfer ownership of the nuclear power facility to Holtec, which would be responsible for the decommissioning and remediation of the facility and site. Richard Webster is legal program director for Riverkeeper. ....

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New York Announces Agreement To Decommission Indian Point Nuclear Plant

New York Announces Agreement To Decommission Indian Point Nuclear Plant
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NY announces agreement to decommission Indian Point nuclear plant

NY announces agreement to decommission Indian Point nuclear plant
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New York drops challenge to Indian Point sale to Holtec

New York has dropped its challenge to the sale of the Indian Point nuclear power plant in return for the new owner’s guarantee to keep $400 million in a decommissioning trust fund for the next 10 years.
The agreement reached Wednesday appears to resolve the state’s biggest concern with the Indian Point sale – that trust fund money could dry up during the teardown, sticking ratepayers with the tab for a cleanup expected to take at least 12 years.
The last of Indian Point’s two working reactors are slated to shut down at the end of the month, when ownership of the Buchanan plant shifts from Entergy to Holtec International, a New Jersey-based decommissioning firm. ....

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New York drops challenge to Indian Point sale to Holtec

New York drops challenge to Indian Point sale to Holtec
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