Firm says it can demolish idled Vermont nuke plant soon

By The Associated Press

An official with the company seeking to buy the idled Vermont Yankee nuclear power plant says it can dismantle the plant for the money currently in its decommissioning fund.

 

BRATTLEBORO, Vt. (AP) — An official with the company seeking to buy the idled Vermont Yankee nuclear power plant says it can dismantle the plant for the money currently in its decommissioning fund.

And Scott State, the chief executive officer of NorthStar, says if his company can't dismantle the plant for the $580 million currently in the fund his company would make up the difference.

State and other officials spoke Thursday at a meeting in Brattleboro of the Vermont Nuclear Decommissioning Citizens Advisory Panel.

The Rutland Herald (http://bit.ly/2gOCsyq) reports NorthStar is seeking to buy Vermont Yankee, which closed almost two years ago, and demolish much of the Vernon plant and return the site to the promised "green field" decades ahead of what was originally expected.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...

A Traders Guide to Analysis and Research

An e-book dedicated to helping you improve your analysis by looking at RBOB futures performance. ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs