NEW YORK—Gov. Andrew Cuomo wants to replace Indian Point nuclear facility with other energy sources before permits for its two reactors expire in 2013 and 2015. An Assembly hearing on Thursday explored the feasibility of finding alternative energy sources and found many plans, but few funds.
Indian Point supplies 30 percent of New York City’s energy demand, according to New York Independent Systems Operator (NYISO), the nonprofit responsible for managing the state’s energy flow.
NYISO predicts how many megawatts the area supplied by Indian Point needs to run reliably without the plant based on projected growth in energy demand.
To replace the plant following NYISO’s advice, the state must find 1,200 megawatts a year by 2016, 2,000 megawatts by 2020, and 2,500 megawatts by 2025.
