Entergy CEO Says Indian Point Can Be Safely Run Through 2035

Entergy Corp. Chief Executive Officer Leo Denault said the Indian Point nuclear power plant in New York can be safely operated through the 20-year license extension it has sought.

Power from the two reactors is “vital” to New York, Denault said on Bloomberg Television Thursday. The utility owner is seeking permission from the U.S. Nuclear Regulatory Commission to operate the units until 2033 and 2035. “We believe we could operate the plant safely up until that point in time or later.”

New York Governor Andrew Cuomo has called for the plant to be shut, saying the state can find substitute power for the 2,000 megawatts it produces. A transformer at the plant caught fire over the weekend, causing oil and fire-retardant fluid to leak.