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Vermont Nuclear Plant Seeks Decommission But Lacks Funds

mdsolar (1045926) writes | about 7 months ago

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mdsolar (1045926) writes ""On Friday, the Vermont Public Service Board voted to authorize Entergy Nuclear Operations, Inc., the operators of the Vermont Yankee electricity generating station at 546 Governor Hunt Rd. in Vernon, to close down their nuclear power plant by the end of this year. Because Entergy planned to shut the Vermont nuclear plant down prior to its licensed end-term, the board was required to approve the shutdown....
Entergy has reserved just over $600 million to date for decommissioning the Vermont nuclear plant, according to the Department of Public Service. This amount will not be adequate to meet the costs of full deconstruction, estimated at more than $1 billion according to the company’s 2012 Decommissioning Cost Analysis report.""

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