Indian Point Permanent Shutdown: Half The Power Replaced By Non USA Sources

Now the big problems begins due to even more throttling of budgets.

You know what is nice about Canadian power, its long term contracts and the cost of the electricity are relatively expensive. It supports the high cost electricity across the board.   

Plan to shut down Indian Point includes safeguards

Going ... going ... gone by 2021 BUCHANAN – Governor Cuomo announced Monday that the Indian Point nuclear power plants will close down by April 2021. Entergy has agreed to end all operations at the facility, with plans to shut down unit 2 as early as April 2020 and unit 3 in April 2021. “For 15 years, I have been deeply concerned by the continuing safety violations at Indian Point, especially given its location in the largest and most densely populated metropolitan region in the country,” Cuomo said. State Attorney General Eric Schneiderman called the closure “a major victory for the health and safety of millions of New Yorkers, and will help kick-start the state’s clean energy future.” As part of the deal, the state will make annual inspections of the plant related to key operational, regulatory and environmental matters. Entergy will transfer used fuel to protective storage in “dry casks.” The state Public Service Commission’s Indian Point Contingency Plan and other planning efforts have ensured that more than adequate power resources are able to come online by 2021 to ensure reliability of the power grid. Entergy will submit a six-year license application to the Nuclear Regulatory Commission. Entergy, the state and other organizations will terminate litigation against one another. Jobs will be protected under the closure plan with continued employment throughout the closure process and under the terms of its agreement with the state and Entergy has committed to offer plant employees new jobs at other facilities. Through the New York State Energy Research and Development Agency, the state will offer any worker re-trainings and new skills in renewable technologies like solar and wind. The agreement also says there will be sufficient replacement power to cover the 2,000 megawatts of electricity generated by Indian Point. Currently transmission upgrades and efficiency measures totaling over 700 megawatts are already in service. Several generation sources are also fully permitted and readily available to come online by 2021, after the plant’s closure, including clean, renewable hydropower able to replace up to 1,000 megawatts of power, the agreement said. The agreement also allows for “ample time to plan for and mitigate impacts to local tax revenue.” Entergy’s PILOTs – payments-in-lieu-of-taxes to local governments and school districts will continue through 2021, before gradually stepping down at a negotiated level following the shutdown.