Indian Point owner floats restart of shuttered New York reactors

By Marie J. French | 09/10/2025 06:24 AM EDT

Holtec, the company decommissioning the plant, says it would need state and federal backing to rebuild the plant.

The Indian Point Energy Center is seen from across the Hudson River.

The then-operational Indian Point nuclear plant is seen from across the Hudson River on Sept. 24, 2002, in Buchanan, New York. The current owner of the plant has proposed restarting it, if there's state and federal support. Monika Graff/Getty Images

ALBANY, New York — Five years after Indian Point started shutting down, the company charged with dismantling the nuclear plant says it could still be restarted — at an estimated cost of $10 billion.

“I’m getting so many people asking me from New York if this is possible,” said Holtec International President Kelly Trice. “The answer is yes.”

Reviving the 2,000 megawatt nuclear plant would require overcoming deep-seated opposition to nuclear power in close proximity to New York City. Political — and financial — support would also be needed from the administrations of Gov. Kathy Hochul and President Donald Trump, Trice said.

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Holtec’s feeler on repowering the plant — reported exclusively by POLITICO — comes amid increasing openness to nuclear power in New York, especially from Hochul. Nuclear is also one of few areas of alignment on energy policy between the governor and the White House.

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