INDIAN POINT – New York Attorney General Letitia James, Thursday, announced that her office has reached a provisional agreement with Holtec International and its subsidiaries (Holtec) regarding the decommissioning and cleanup of the Indian Point nuclear power plant in Buchanan.
The joint proposal, which is subject to approval by the State Public Service Commission, was negotiated by the state, environmental organizations, Entergy — the current owner of Indian Point, and Holtec.
If approved by the PSC, the agreement would transfer ownership of the nuclear power facility to Holtec, which would be responsible for the swift, complete, and safe decommissioning and remediation of the facility and site.
“We have worked hard to ensure that Indian Point is dismantled and cleaned up responsibly and safely,” said Attorney General James. “Once fully approved, this agreement will result in a safer, faster, and more thorough decommissioning process that exceeds stringent federal standards. We will continue to work diligently to see this closure through with an eye toward the safety of millions of New Yorkers.”
In 2017, Entergy agreed to close the two remaining and operating nuclear reactors at Indian Point. Unit 2 powered down in April 2020, and Unit 3 is scheduled to cease operations at the end of April 2021. In November 2019, Entergy and Holtec filed an application for license transfer with the federal Nuclear Regulatory Commission. In January 2020, the NRC announced that it was considering approval of an application by Entergy to transfer the Indian Point license — and the facility’s trust funds to pay for decommissioning — to Holtec to implement the facility’s decommissioning.