• Vt.. board allows nuke plant operation through '14
    The Associated Press | March 28,2014
    • Email Article
    •  
    •  Print Article
     
    MONTPELIER - The utility-regulating Vermont Public Service Board says the Vermont Yankee nuclear plant can continue to produce electricity through the end of the year when the plant is scheduled to close.

    In a Friday ruling, the Public Service Board also approved an agreement between the state and plant owner Entergy that requires the company to pay $10 million for economic development in Windham County and to set up a $25 million fund to restore the Vernon site after the nuclear plant is decommissioned.

    Vermont Public Radio reported that the board approved a memorandum of understanding between Entergy and the state that was signed in December, ending years of legal battles.

    Vermont Yankee has been producing electricity for more than 40 years, but it will cease operations later this year.
    • Email Article
    •  
    •  Print Article
    2 Comments
    MORE IN This Just In
    BENNINGTON — Katie Saunders spaced four singles and was backed by some timely hitting as the... Full Story
    FAIR HAVEN — Otter Valley grabbed a 3-0 lead. Austin Brannock to the rescue. Full Story
    Rutland City Police warned area residents Wednesday about a phone scam in which callers posing as... Full Story
    More Articles