Indian Point Replacement Analysis by Strategen Consulting



In January 2017, Governor Andrew Cuomo announced a negotiated agreement to close Indian Point nuclear facilities. At that time, he committed to replace the plant’s two units with clean energy, with no net increase in carbon emissions. This is a big goal, but one New York can achieve by using a portfolio of resources which includes energy storage. Strategen Consulting has completed an analysis that shows 450MW of battery storage can fill the capacity gap created through the closure of Indian Point while also saving New Yorkers money. The analysis shows an estimated $315 million savings over a five-year period to customers when compared to more traditional resource replacement scenarios.

 

May 5, 2017
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