In 2007, when Hillary Clinton was New York’s junior senator, she
sagely observed that a “
steady drumbeat of problems has eroded public confidence in Indian Point”, the twin-reactor nuclear power plant just outside New York City.
Given the facts on the ground, the careful, thoughtful approach to Indian Point is to close it.
It still looks that way today. The NRC apparently accepts the word of Indian Point’s operator, Entergy, that basic safety and environmental cleanup measures aren’t necessary, even after the latest mishaps. The commission even permits Indian Point to evade its own safety standards requiring that the electrical cables that control emergency reactor shutdowns have insulation that would last 60 minutes in a fire — giving the plant an exemption after finding that this insulation lasted just 27 minutes.
The good news is: we have enough power capacity to permit the immediate closure of Indian Point. Indian Point is able to generate just over 2,000 megawatts of electricity, or about 10 percent of peak summer demand in the New York metropolitan area. In the past two years, we’ve added an additional 1,500 megawatts of energy capacity from other sources: existing electricity surpluses in New York State, recently restored power generation from plants in the Hudson Valley and New York City, together with transmission improvements in the power grid in the lower Hudson Valley and targeted energy efficiency gains by Con Edison.
And, according to the New York Independent System Operator, a nonprofit agency charged with managing the state’s electricity market, downstate load forecasts for this summer have dropped by about 500 megawatts, since previous estimates in 2015, due to increases in solar power installations, energy efficiency and demand-side management.
Projections for future electricity demand have declined sharply in recent years.
In short, we can close Indian Point now and reliably keep the lights on. In the future, new efficiency and renewable energy projects will drive still greater savings, thanks to $5 billion in planned energy investments by the state.