State, NorthStar Strike Deal for Sale of Vermont Yankee

Vermont-Yankee-aerial-Kristopher-Radder

After 15 months of sometimes-contentious debate, there’s been a breakthrough in the proposed sale of Vermont Yankee to a New York decommissioning company. A deal released Friday calls for the plant’s current and prospective owners to set aside nearly $200 million in additional funds to support decommissioning at the Vernon site.

Additionally, the companies agreed to new restoration standards including a “comprehensive assessment” of contamination at the property.

In return, three state agencies and several other parties have agreed to support the sale of the idled plant from Entergy to NorthStar Group Services. Those supporters include the Brattleboro-based New England Coalition, which had been the sale’s harshest critic. “We now consider ourselves allies and partners with NorthStar and will do our best to help them achieve a state-of-the-art, best-practices and environmentally responsible decommissioning, as free of nuclear pollution as possible,” said Ray Shadis, a coalition board member and adviser.

But not everyone agrees with the compromise. The Conservation Law Foundation declined to sign on, with senior attorney Sandra Levine saying the deal “falls far short.”

Read the complete article by Mike Faher at VTDigger.org. Photo by Kristopher Radder at the Brattleboro Reformer.

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richholschuh

The world is a big place. This is how it appears to me. Your results may differ.

6 thoughts on “State, NorthStar Strike Deal for Sale of Vermont Yankee”

  1. Worked their as a sub contractor, one of last times they were drilling test wells to find source of contamination, probably 5+ years ago during perimeter security upgrade

    Liked by 2 people

    1. The matter at hand is the decommissioning (dismantling and removal) of the plant itself; this is encumbered by the fact that it is radioactive, but otherwise is an industrial demolition. The sticky part is that the federal government has not met its obligation to assume responsibility for the high-level spent fuel (to which you allude). It will sit on the site for an indeterminate period until that situation changes, which could be twenty years, could be a hundred years, could be never. That is the very disturbing aspect that remains, often forgotten, in the background.

      Liked by 1 person

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