Dive Summary:

• The Nuclear Regulatory Commission (NRC) has approved Entergy’s ongoing use of its Indian Point Unit 2 as the utility continues to wait for the NRC to renew its operating license, Entergy announced Monday.
• Since 2001, when Entergy purchased Unit 2 from the New York-based Consolidated Edison, Entergy has spent $1 billion modernizing the unit and another to improve its chances of getting a 20-year license extension. Entergy’s two nuclear units generate 25% of the electricity used in New York City and Westchester County.
• NRC’s recent move is a good sign that Entergy will be able to operate the two units for years to come.

From the story:

“The NRC has been and will continue to be monitoring Entergy's activities as it upgrades the unit…”