nuclear-news

Entergy can’t sell its Vermont nuclear power plant

Entergy Abandons Bid To Sell Vermont Nuclear Power Plant, WSJ.com By Naureen S. Malik  MARCH 30, 2011 NEW YORK (Dow Jones)–Entergy Corp. (ETR) ended a bid to sell its Vermont nuclear power plant Wednesday after failing to find a buyer for the reactor, which may be required to shut down next year.

The second-largest U.S. nuclear-power generator put the Vermont Yankee plant up for sale last November amid strong opposition in Vermont to it operating for an additional 20 years. The reactor’s operating license expires in March 2012.Opposition to the plant grew after the New Orleans-based company reported several leaks of radioactive material from underground pipes. State officials said Entergy had told them the piping didn’t transport radioactive materials…..Entergy Abandons Bid To Sell Vermont Nuclear Power Plant – WSJ.com

March 31, 2011 - Posted by Christina Macpherson | business and costs, USA