Skip to main content

Why Closing Indian Point In Summer is Like Shutting Down Mariano Rivera

Mariano Rivera
Let's turn back the clock to May 9, 2001 and visit the Bronx to play a game of "what if?"

The defending World Series Champions, the New York Yankees, are locked in a tight pennant race early in the season, trailing the hated Boston Red Sox by just a half game in the standings after beating the Minnesota Twins 2-0 at home. The win was locked up thanks to the efforts of Mariano Rivera, widely acknowledged to be the best relief pitcher in the game.  

As Yankees manager Joe Torre arrives for his postgame press conference, his demeanor doesn't reveal that he's about to drop a bombshell that will rock the baseball world. Looking to add a throwaway quote to a story, one reporter asks Torre to reflect on what Rivera's pitching has meant for the team.

"What else is there to say? Without Mariano, we don't win the World Series in '98, '99 or 2000. He's at the heart of everything we do around here. Which reminds me, as of tomorrow, we're shutting him down. There really isn't a reason I can point to right now. All I can tell you is that Mariano won't be available to pitch beginning tomorrow and won't be back in our bullpen for three months."

"How can the team possibly win the division without Rivera closing games? And what plan do you have to replace him?" asks another reporter.

"Well, we really don't have a plan. I guess we'll just make it up as we go along," Torre says.

Crazy, you say? Of course it wouldn't ever have happened (Torre wouldn't have been elected to the Baseball Hall of Fame if he had made managerial decisions like that). Unfortunately, something a whole lot like it is playing out on the New York electric grid and the consequences for Westchester County and New York City could be far more severe than losing a couple of baseball games.

Indian Point Energy Center
Last week in New York, the Department of Environmental Conservation held a hearing to propose that Indian Point Energy Center, the 2,045 MWe champion of the New York State electric grid, shut down every year from May 10 to August 10 to take pressure off of local fish populations. If you don't already know it, Indian Point provides 25 percent of the electricity used in Westchester and New York City every day.

As an alternative, local environmental groups have proposed Entergy install cooling towers, a multi-billion dollar project that would put additional pressure on New York electricity prices, already the highest in the nation.And for what it's worth, as far as Entergy's concerned, the complaints about the local fish population are completely without merit.

Needless to say, there are plenty of folks in New York ready to call this proposal out for what it is: stone cold crazy. Here's what the New York Post had to say: "Only in New York would a state agency suggest closing a power plant in summer, when electricity is needed most."

You'd think that more people would be able to understand that simple point, but the fact remains that too many seem to take electricity for granted. That's part of the reason why we published a special section of our website concerning nuclear energy's unmatched reliability. Every spring, nuclear plants around the country perform refueling outages to help plants run 24/7 for between 18-24 months at a time. That way, when demand spikes along with record high temperatures, nuclear plants like Indian Point Energy Center can serve as the reliable backbone of the nation's entire electric grid.

Last Summer, for seven straight days and nights, Indian Point did just that, working 24/7 as the New York Metropolitan area labored under record-setting high temperatures. Without Indian Point last Summer, New York's electric grid would have been in quite a pickle, just like the Yankees would have been in their glory years without Rivera.

When the heat is on, why in the world would you shut down the assets you depend on the most?

Photo Credit: Shot of Mariano Rivera by Keith Allison used under Creative Commons License. Click here for specific license terms. Photo of Indian Point courtesy of Entergy.

Comments

jimwg said…
Re: "When the heat is on, why in the world would you shut down the assets you depend on the most?"

Because unchallenged, fear always trumps, even common sense.

James Greenidge
Queens NY

Popular posts from this blog

Fluor Invests in NuScale

You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...

Wednesday Update

From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...