Entergy Leaving Gotham Behind

From Energy Matters:

Entergy Nuclear has dropped its share of electricity supporting New York City and Westchester County to about 4 percent of the area’s power needs while selling increasing portions of its juice in an open market stretching from Maine to Delaware.

The company is spending millions of dollars on an extensive campaign to convince the public that the region would suffer if the nuclear plants at Indian Point were shut and its 2,100 megawatts were withdrawn.  Simultaneously, however, Entergy is withdrawing all but 560 megawatts and is selling the rest elsewhere through the interconnecting New England, New York, Mid-Atlantic, Quebec and Ontario power grids.

In its search for the highest profit margins, industry analysts and power operators say Entergy may well opt to sell nearly all of its electricity from Indian Point 2 and 3 in Buchanan to customers outside the New York City/Westchester County service area.  And because of the success of the wholesale power markets and transmission networks run by the non-profit Independent System Operators, the absence of Indian Point’s megawatts has no effect on the region’s electricity needs or power system reliability.

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