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AUDIO: a bellwether for the nuclear industry- Vermont Yankee shutdown

Hear-This-wayAUDIO: Vt. Nuclear Plant Shutdown A Sign Of Changing Energy Market NPR Radio  by  August 27, 2013 The owner of Vermont’s only nuclear plant says it will shut down the facility next year. Entergy had just won a lengthy battle with the state over whether the plant could keep operating. Now the company says market forces and other issues mean the Vermont Yankee nuclear plant isn’t profitable.

TRANSCRIPT: ….

Julien Dumoulin-Smith is an energy analyst with UBS Financial Services. He says competition from power plants in New England fired by abundant, cheap natural gas cut deeply into Entergy’s margins; and, he says, the problems facing Vermont Yankee also plague other older reactors.

JULIEN DUMOULIN-SMITH: This is likely a bellwether, as far as it goes, for the nuclear industry. In some senses, this is the first – or perhaps the second – of a large wave of potential nuclear plant retirements in this country….. http://www.npr.org/templates/story/story.php?storyId=216191879

August 29, 2013 - Posted by | Resources -audiovicual

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