Indian Point generates about a quarter of New York City and Westchester’s power, at a price stable, predictable rate. Replacing the electricity Indian Point provides would require building a fleet of new generating facilities that burn fossil fuel, adding new high voltage transmission lines and laying costly new gas pipelines.
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Indian Point produces 2,064 megawatts of electricity daily. Think this sounds small? The Hoover Dam Hydroelectric Plant also produces 2,064 megawatts each day. In comparison, other sources of power within New York contribute significantly less electricity:
Largest gas-fired plant in New York – 1064 megawatts
Largest coal-fired plant in New York – 766 megawatts
Largest wind farm in New York – 300 megawatts
Largest solar plant in New York – 200 megawatts
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U.S. Electricity Production Costs; Cents Per Kilowatt-Hour (2009):
Coal — $2.75
Gas — $5.00
Petroleum — $17.26
Nuclear — $2.03
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Millions of homes, thousands of businesses and hundreds of critical transportation, health and municipal systems rely on the clean, price stable power generated by Indian Point. According to independent sources including Con Ed, electric rates would be noticeably higher without Indian Point's price stable power.
Shutting down Indian Point without replacing the over 2,000 megawatts the facility generates would result in loss of power supply in the metropolitan New York region and lead to violations of reliability standards. "Impacts would include loss of power supply and transmission voltage support affecting the metropolitan New York region."
Source: "Power Trends 2011: Energizing New York's Legacy of Leadership," New York Independent System Operator, p. 39, Available at: www.nyiso.com
In fact, the New York Independent System Operator has said that shutting down Indian Point without replacing the electricity it generates would lead to rolling blackouts throughout the New York area.
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Indian Point produces clean, reliable power with virtually no greenhouse gas emissions. In contrast, an equivalent gas-fired power plant would emit millions of tons of pollutants a year into our environment.
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Indian Point employs 1,000 permanent workers and 200 on-site contractors, providing $140 million in payroll for full-time employees annually. In addition, the facility contributes more than $30 million in payments to local and state governments.
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Indian Point has invested over a billion dollars to upgrade and strengthen these plants in recent years. Even before Japan, the scientists and engineers who run Indian Point have been planning for the worst that could happen, not the worst that has happened.
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Indian Point's operations are constantly reviewed by independent experts at the Nuclear Regulatory Commission (NRC). In fact, there are multiple NRC inspectors on site at Indian Point. They are guaranteed access to any file or report, any employee and area of the facility without notice to ensure the facility's safe operations. That's accountability, every day, all the time.
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Indian Point is right for New York ...
So before considering alternatives to Indian Point, make sure to ask tough questions
How much will it cost to build the replacement power now and in the future?
How will the replacement power be financed?
What is the impact of the proposed replacement power on our air quality?
How many permanent New York based jobs will be created by the replacement power?
What impact will the proposed replaced power have on the reliability of our electric supply?
When can the proposed power be in place?
You have a right to know the facts so make sure to ask why proposed “alternatives” are supposedly right for New York.