nuclear-news

Financial advice to Entergy – sell Vermont Yankee nuclear plant

Vermont, New York regulators urge review of storage of spent nuclear fuel, VT Digger, by Andrew Stein | January 3, 2013 “……..The Swiss financial services company UBS issued a report this week that forecasts a grim cash flow outlook for Entergy Corporation’s nuclear power plants, and recommended that Entergy sell Vermont Yankee to shore up its finances.

The U.S. Appellate Court ruling put a halt to license renewal applications for nine plants, including Indian Point in New York and Seabrook in New Hampshire.

Under the order, the commission, for the first time, will require environmental assessments of nuclear waste now held at the nation’s 104 reactor sites amid growing public pressure to evaluate the potential hazards of spent fuel pools and dry cask storage at nuclear reactor sites in the United States after the Fukushima nuclear disaster in Japan. There are 104 nuclear reactors at 64 operating plants in the United States, according to a report from CNN. Half are more than 30 years old.

The Commission gave Vermont Yankee, which was built in 1972, a 20-year license extension in 2011.

WASTE STORAGE DOCUMENTS: ….. http://vtdigger.org/2013/01/03/vermont-new-york-regulators-urge-review-of-spent-nuclear-fuel-storage/

January 4, 2013 - Posted by Christina Macpherson | business and costs, USA