1,041-MW Indian Point Unit 3 to shut down Capacity likely replaced with gas-fired power The Indian Point nuclear power plant in New York will permanently shut down during the evening of April 30 when the 1,041-MW Unit 3 will power down, removing capacity that is likely to be replaced by natural gas-fired generation during higher load periods. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The Indian Point shutdown has been anticipated for some time and we expect few immediate price impacts in the shoulder months,” Kieran Kemmerer, power market analyst with S&P Global Platts Analytics, said in an email. “During periods of higher load, we anticipate the nuclear generation to be replaced by gas-fired generation in the region running at higher capacity factors. Additionally, exports to New England from downstate New York are likely to fall as more New York generation flows south […]