New York state is slated to lose another baseload generation facility due to economic factors. Entergy Corporation, owner of the James A. FitzPatrick Nuclear Power Plant, announced its intention to retire the generation facility in late 2016 or early 2017. FitzPatrick is located on the shore of Lake Ontario, near the towns of Scriba and Oswego. Entergy cited competition from low-cost natural gas-fired generation, an energy market that ignores the benefits provided by the facility, and high operating costs. The benefits noted include fuel diversity, low carbon emissions, on-site fuel storage and reliable baseload generation capability. The R. E. Ginna Nuclear Power Plant, located near Rochester, is also on course to close. Ginna, owned by Exelon Generation, is negotiating a compensation agreement to keep the plant online for reliability purposes.
This announcement follows an earlier notification by Entergy of its plan to close the Pilgrim Nuclear Power Station in Plymouth, Massachusetts. Pilgrim’s closure is expected to occur before the middle of 2019 and, like FitzPatrick, is the result of unfavorable economic conditions. Pilgrim has a generating capacity of 680 megawatts and began operation in 1972, while FitzPatrick has a generating capacity of 838 megawatts and began operation in 1975.