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New York Announces Agreement To Decommission Indian Point Nuclear Plant

BUFFALO, NY (WBFO) - New York state leaders say an agreement has been reached concerning the decommissioning and cleanup of the Indian Point nuclear power plant in the lower Hudson Valley.

If approved by the state Public Service Commission, the agreement would transfer ownership of the facility from Entergy to Holtec International. The proposal is open for public comment and the PSC is slated to vote on it May 13.

The plant in Westchester County is slated to permanently shut down at the end of April. The agreement requires Holtec to maintain minimum balances in its decommissioning fund and sets up a consent order between the company and New York state concerning cleanup of the area, including an on-site monitor.

Per the agreement, the state attorney general, Riverkeeper, the Town of Cortland and the Hendrick Hudson School District would withdraw their lawsuits against the Nuclear Regulatory Commission concerning the decommissioning process.