The NYISO yesterday released a report on the retirement of the Indian Point Energy Center, a major nuclear plant outside New York City, including findings the retirement could be managed reliably. That conclusion assumed enough replacement power resources will be added in the Lower Hudson Valley.
Three power plants are already far enough along in their permitting and construction processes that they will be available when the nuclear plant closes, the report said. They total 1,818 MW while Indian Point has a capacity of 2,311 MW.
If the three power plants under construction do not start up in time, the retirements could cause some issues, the ISO said, and under that scenario, the LOLE (Loss of Load Expectation) target would not be met as soon as the first reactor retires. The situation would worsen through 2027, it added.
