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Friday
Jun102016

Did Entergy just signal investors it's preparing to close Indian Point in NY and Palisades in MI?!

Tim Judson, Executive Director of Nuclear Information and Resource Service, sent the following note out re: an E&E article:

Entergy is sending signals to the investment community that it may be preparing to phase out its merchant nuclear business. When pressed on what that really means – particularly for Indian Point [in New York] – they muttered the same, increasingly hollow, talking points about relicensing, reliability, emissions, etc. But the suggestion from the analysts in the audience that negotiating a deal to close Indian Point should be on the table. That would imply closing Palisades [in Michigan], too.