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Expert Insight

Reconsidering the Indian Point Nuclear Plant Shutdown

Author(s): Herschel Specter
President
Micro-Utilities, Inc.
Date: March 27, 2017 at 9:30 AM

In January, New York Governor Cuomo, Riverkeeper, an environmental group, and Entergy, a nuclear utility, announced a joint agreement to shut down the two nuclear reactors at Indian Point (IP) by April 2021. Replacement power will be provided by clean energy sources consistent with New York’s Clean Energy Standard, which requires 50% of the State’s electricity to come from renewable energy by 2030. It is claimed that this can be achieved with a negligible cost to ratepayers. The plant currently provides carbon-free and low cost electricity for about one quarter of the power consumed by New York City and Westchester… [more]

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