NYS Approves Sale Of Indian Point Nuclear Plant
The New York State Public Service Commission has approved the sale of the Indian Point nuclear power facility to Holtec International. Entergy – the previous owner – shut down the Westchester County plant at the end of April. Under an agreement with the state, the county and area stakeholders, Holtec is tasked with decommissioning the facility and remediating the site. Holtec is required to maintain minimum balances in its decommissioning fund and a consent order mandates an on-site monitor.
Per the agreement, the state attorney general, Riverkeeper, the Town of Cortlandt, and the Hendrick Hudson School District were to withdraw their lawsuits against the Nuclear Regulatory Commission concerning the decommissioning process.
"After years of relentless work with our federal, state, and local partners, we have finally been able to close it safely and responsibly and will now move on to the decommissioning phase," Governor Andrew Cuomo said in a staement. "This is a win for the health and safety of New Yorkers, and the protection of our environment. Due to the careful planning for the closure, New York remains on track to reliably achieve its clean energy goals."
“I have always maintained that the dismantling and cleanup of Indian Point should prioritize the safety and wellbeing of New Yorkers," said Attorney General Letitia James in a statement. "Today’s approval of the agreement my office reached with Holtec certifies that we can move forward with a decommissioning process that is safe, responsible, thorough, and exceeds stringent federal standards. My office will continue to closely monitor the closure to ensure the protection of New Yorkers.”