State concerned about Indian Point deal
Feb 13, 2020 2:30 pm
Thomas C. Zambito is reporting for The Journal News state Attorney General Letitia James is asking the Nuclear Regulatory Commission to listen to New York's concerns over the pending sale of the Indian Point nuclear power plant to New Jersey-based Holtec International. The plant is scheduled to shut down in 2021. James this week called the deal to sell Indian Point “very risky” and urged federal safety regulators to consider the state’s concerns before moving forward. The agreement would have current owner Entergy transfer ownership of the 60-year-old power plant to a subsidiary of Holtec when the plant is closed down next year. “Putting the decommissioning of Indian Point in the hands of a company with no experience and uncertain financial resources is very risky,” James said. The state is concerned that Holtec does not have sufficient funds available to cover the decommissioning process. A Holtec spokesperson said the company is capable of managing a safe and efficient decommissioning effort, "which can be completed decades sooner than if Entergy performed the work." The first of Indian Point’s two working reactors is slated to be shut down in April. State and federal lawmakers have asked the state to step in and make sure the process is handled properly. “Nuclear energy has been produced on this site for nearly 60 years, so contamination of the environment is a distinct risk if dismantling the reactors is mishandled," state Sen. Pete Harckham said. Read the full story at lohud [dot] com.