IP Takeover?

["Rick Orthen" <rorthen@cecinc.com>]

May 26, 2004 - Associated Press - W'chester mulls nuke takeover -

Westchester County is spending $385,000 to determine whether the county

could take over the Indian Point nuclear plants, shut them down and replace

them with another energy source. Among the issues to be tackled in a

five-month study by a consultant is what such a takeover would cost and how

Indian Point's 2,000 megawatts of energy - enough for 2 million homes -

could be made up, County Executive Andrew Spano said yesterday. The current

owner, Entergy Nuclear Northeast, called the study a waste of money, saying

it would not sell the plants, would not convert them and would fight any

attempt to condemn them. Spano suggested 18 months ago that it might take

more than $3 billion for the county to take over the plants and replace them

with gas-fired generators. He said some of the cost could be recovered in

cheaper electricity and residents might be willing to pay the rest to be rid

of their fears of a catastrophe at the nuclear station in Buchanan. "We

would all feel safer if Indian Point were closed," Spano said. "But there

are many, many questions - economic, technological, legal and other - that

need to be answered." 



 



Richard F. Orthen, CHMM



Senior Project Manager



Civil & Environmental Consultants, Inc.



Four Triangle Lane, Suite 200



Export, PA  15632-9255



724/327-5200, ext. 231



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