Vermont’s top educator is leaving state government to become
an administrator at the University of Vermont; one of the closest advisers to
Governor Jim Douglas is leaving state government;
It
looks likely that Governor Jim Douglas will veto a bill relating to the
decommissioning of Vermont Yankee. The
bill says that if Vermont Yankee is transferred to a new limited liability
company, the new company has to prove it can cover the full cost of dismantling
the plant.
Vermont Yankee’s
owners want to use money from its decommissioning fund to pay for spent fuel
storage instead, and that plans is drawing criticism from lawmakers.
Residents from Vermont, Massachusetts and New
Hampshire are
urging Vermont’s Public Service Board to use caution as it considers
Entergy Nuclear’s proposal to spin off its five nuclear plants in the Northeast
into a separate company.
Vermont
Yankee has told federal regulators that it will cost 728 million dollars to
dismantle the reactor if its shuts down in 2012.
Yankee
says if the plant continues to operate past that date, the decommissioning
costs will go down slightly.
VPR’s John Dillon reports.
The
legislature has hired a consultant to investigate the corporate structure of
Entergy, the company that owns Vermont Yankee. Entergy wants to set up a new company that would own
some of its nuclear power plants, including Vermont Yankee.
During
this legislative session, the Vermont Yankee power plant will be heavy on the
minds of lawmakers. One
big issue has to do with decommissioning. Lawmakers
say they may require Yankee to set aside enough money to completely dismantle
the plant when its license expires in 2012.
VPR’s
John Dillon reports.