Sale of NYC-Area Nuclear Power Plant Gets Federal Approval via NBC New York

After the plant shuts down in the spring, the current operator plans to transfer its license to another company to dismantle the reactors and clean up the site along the Hudson River by 2033

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The NRC announced Monday that it has signed off on its staff’s recommendation last week to approve Entergy Corp.’s sale of the plant north of New York City to New Jersey-based Holtec International. After the plant shuts down in the spring, Entergy plans to transfer its license to Holtec to dismantle the reactors and clean up the site along the Hudson River by 2033.

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During a Zoom conference Friday organized by the Hudson River Sloop Clearwater environmental group, Assistant New York Attorney General Joshua Tallent said he would like to see money for spent radioactive fuel management set aside in a supplemental fund until the decommissioning is done to reduce the chance that taxpayers are stuck with the tab for cost overruns.

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