The two operating units at the Indian Point Energy Center will close in 2020-2021. The early and orderly shutdown is part of a settlement under which New York State has agreed to drop legal challenges and support renewal of the operating licenses for Indian Point, located in the Village of Buchanan in northern Westchester County. The shutdown will complete Entergy’s exit from its merchant power business because of sustained low wholesale energy prices.
Under the agreement, Indian Point Unit 2 will shut down by April 30, 2020 and Unit 3 by April 30, 2021. Other key terms include:
- Coastal Zone Management Act Consistency Certification from New York State;
- Water Quality Certificate and water discharge permits from New York State;
- Agreement by New York State and primary intervenor Riverkeeper to withdraw legal challenges to license renewal;
- Entergy will request that the NRC shorten the term of a renewed license for Indian Point from 2033 and 2035 for Units 2 and 3, respectively, to 2024 and 2025.
- Agreement by Entergy to provide $15 million as part of its continued commitment to community stakeholders and environmental stewardship; and
- Various inspections of Indian Point conducted by Entergy and New York State, supplemental to NRC inspections.