Facility & Company Information > Vermont Yankee

Vermont Yankee on the ropes

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IPREGEN:
From a NY Times article. There was a vote yesterday to deny license extension.

http://www.nytimes.com/2010/02/25/us/25nuke.html

Benwah033:

--- Quote from: IPREGEN on Feb 25, 2010, 09:41 ---From a NY Times article. There was a vote yesterday to deny license extension.

http://www.nytimes.com/2010/02/25/us/25nuke.html

--- End quote ---

To the best of my knowledge VT is the only state that has a law requiring state approval for relicensing of nuclear plants.  Entergy is heavily invested in VY, especially considering their plan to spin off a few assets into a new company - losing a single asset does alot of damage to that plan.

The bottom line is that VT cannot replace the power that VY currently supplies for anywhere near the price that they currently pay for electricity.  Even if VY cannot convince the state that this is important to their economy, and that all of the lost permanent and outage jobs will further hurt them, I don't think you've heard the end of this.

My guess is Entergy will challenge in federal court the state law that VT has enacted allowing them to deny the relicensing, on the grounds that the NRC has exclusive rights to license a nuke. 

Whatever happens, I'm sure it will be interesting and potentially very bitter...

koop225:
Does anyone know if the decommission for vermont yankee is definite? If it is does anyone know who has the contract to do it?......Thanks

Fermi2:
Don't they have a License Extension Application in?

crusemm:
MONTPELIER - In a rare case of state involvement in nuclear regulation, the Vermont Senate voted 26 to 4 yesterday to block a license extension for the Vermont Yankee nuclear plant, citing radioactive leaks, misstatements in testimony by plant officials, and other problems.
http://www.boston.com/news/local/vermont/articles/2010/02/25/vt_senate_votes_to_close_yankee_power_plant/
and original discussion on nukeworker
http://www.nukeworker.com/forum/index.php/topic,23219.0.html

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