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Shumlin, Vt. Yankee Reach Deal

Reposted from Valley News:

In this June 19, 2013 photo, the Vermont Yankee Nuclear Power Station sits along the banks of the Connecticut River in Vernon, Vt. Entergy Corp., announced Tuesday, Aug. 27, 2013, it will shut down the nuclear power plant by end of 2014, ending a long legal battle with the state. (AP Photo/Toby Talbot)

In this June 19, 2013 photo, the Vermont Yankee Nuclear Power Station sits along the banks of the Connecticut River in Vernon, Vt. Entergy Corp., announced Tuesday, Aug. 27, 2013, it will shut down the nuclear power plant by end of 2014, ending a long legal battle with the state. (AP Photo/Toby Talbot)

By Susan Smallheer
Rutland Herald

Montpelier — The Shumlin administration and Entergy Corp. have reached an agreement that, if all goes according to plan, would see the decommissioning of the Vermont Yankee nuclear power plant decades earlier than originally planned.

In a Monday afternoon news conference, Gov. Peter Shumlin and Michael Twomey of Entergy Corp. outlined the details of the agreement, which they called “a path to decommissioning.” Under the plan, decommissioning could start in the 2020s, the governor said.

The agreement also calls for $10 million earmarked for Windham County economic development over the next five years, as well as a new, separate $25 million fund toward the “green field” cleanup of the Vernon reactor site and a $5.2 million “green energy” fund that would benefit both Windham County and the rest of the state. “That’s a big deal,” the governor, a Windham County native, said.

Read More at Valley News.

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