Citing 600 jobs and $500 million in regional economic activity annually, the Oswego County, N.Y., Industrial Development Agency sent a letter to the Nuclear Regulatory Commission on Thursday in support of power provider Entergy’s planned sale of its James A. FitzPatrick Nuclear Power Plant to Exelon. The agency, a public benefit corporation established in 1973, also cited 850 megawatts of electrical generation capacity and $17 million in annual property and school taxes.
Entergy announced the $110 million sale to Exelon in August after the New York Public Service Commission approved Gov. Andrew Cuomo’s (D) Clean Energy Standard. That program is expected to pay upstate nuclear power plant operators up to $1 billion in zero-emission energy credits through the next couple years, potentially saving FitzPatrick and Exelon’s R.E. Ginna Nuclear Power Plant and Nine Mile Point Nuclear Station from closure.
The agency’s filing follows a challenge from consumer rights group Public Citizen, which last week asked the Federal Energy Regulatory Commission to reject Entergy’s sale application, arguing that the utilities failed to address the impact it would have on New York state’s power market.
