Skip to main content

Closing Indian Point Could Be Costly

From the New York Times:
CLOSING the Indian Point nuclear power plant in Buchanan could have dire consequences for the county’s economy, according to a new report by the Westchester Business Alliance, a coalition of regional groups.

Electricity bills would soar, and job growth — as well as property values — would suffer, said the report, which was issued on Jan. 31.

The study, prepared by Energy Strategies, consultants in Albany, said that closing the two reactors at Indian Point without creating alternative energy sources — which are not on the horizon — would cause electricity prices in Westchester County to rise more than 150 percent by 2017. Under the consultants’ estimates, the average annual residential electric bill in Westchester would jump to $2,500 from $1,000.

More here. For those who don't remember, the National Academy of Sciences came to similar conclusions in a study they completed back in 2006. And several years prior to that, NEI conducted an economic benefits study of Indian Point and found that for every dollar the plant spends, the U.S. economy produces $2.35 as a result (p. 23).

In two years I'm sure we'll see another study concluding the same intrinsic value of Indian Point to its community.


Anonymous said…
See what you get for ingratiating yourselves with the Democrats?

NYS Governor Spitzer, NYS Attorney General Andy Cuomo, Westchester County Commissioner Andy Spano and Representative Mark Green do NOT care about IPEC, NY State, or electrical supplies. They are DEMOCRAT. Remember that.

This is real simple. When in doubt, vote AGAINST these kinds of people always and everywhere.
David Bradish said…
This is real simple. When in doubt, vote AGAINST these kinds of people always and everywhere.

That's a pretty bold yet unsupported statement. NEI's public opinion polling has shown over the past few years that more Democrats favor nuclear energy than oppose it.

We need to continue this trend. Why? Because nuclear energy has to be a non-partisan issue if it is to survive in this country. Nuclear plants will operate for 40-60 years . Do you really think the country will elect Republicans the entire time?

Cuomo and Spitzer are just two vocal opponents of IP. They don't represent the Democratic norm anymore.
Matthew66 said…
I would note that neither Spitzer nor Cuomo has issued a press release saying "over my dead body" in relation to Unistar Nuclear's announced intention to submit a COL application for Nine Mile Point (see Unistar confirms Nine Mile Point as EPR site). Spitzer and Cuomo would still need to convince Sheldon Silver and Joseph Bruno of the merits of their views before NY state could take actual action.
Anonymous said…
Well, Dave, if Obama or Hillary win in 08, you'll see what I mean. Individual Dem people may support nuke power, but the majority of their politicians don't. Let's hope, however, that YOU are correct and I am NOT. I truly would like that outcome; then you'll be able to say, "I told you so." But I really think it'll be the opposite way around as Obama or Hillary say McCain is just another Bush.

Popular posts from this blog

A Billion Miles Under Nuclear Energy (Updated)

And the winner is…Cassini-Huygens, in triple overtime.

The spaceship conceived in 1982 and launched fifteen years later, will crash into Saturn on September 15, after a mission of 19 years and 355 days, powered by the audacity and technical prowess of scientists and engineers from 17 different countries, and 72 pounds of plutonium.

The mission was so successful that it was extended three times; it was intended to last only until 2008.

Since April, the ship has been continuing to orbit Saturn, swinging through the 1,500-mile gap between the planet and its rings, an area not previously explored. This is a good maneuver for a spaceship nearing the end of its mission, since colliding with a rock could end things early.

Cassini will dive a little deeper and plunge toward Saturn’s surface, where it will transmit data until it burns up in the planet’s atmosphere. The radio signal will arrive here early Friday morning, Eastern time. A NASA video explains.

In the years since Cassini has launc…

Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?

Missing the Point about Pennsylvania’s Nuclear Plants

A group that includes oil and gas companies in Pennsylvania released a study on Monday that argues that twenty years ago, planners underestimated the value of nuclear plants in the electricity market. According to the group, that means the state should now let the plants close.


The question confronting the state now isn’t what the companies that owned the reactors at the time of de-regulation got or didn’t get. It’s not a question of whether they were profitable in the '80s, '90s and '00s. It’s about now. Business works by looking at the present and making projections about the future.

Is losing the nuclear plants what’s best for the state going forward?

Pennsylvania needs clean air. It needs jobs. And it needs protection against over-reliance on a single fuel source.

What the reactors need is recognition of all the value they provide. The electricity market is depressed, and if electricity is treated as a simple commodity, with no regard for its benefit to clean air o…