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Vermont Yankee nuclear plant sold to dismantling firm, Indian Point next?

Entergy sells Vermont Yankee nuclear plant, signaling what’s to come for Indian Point, Lohud, Thomas C. Zambito, Rockland/Westchester Journal News  Jan. 11, 2019 

Entergy sold its Vermont Yankee nuclear power plant to a dismantling firm, a first-of-its-kind deal that offers a blueprint for Indian Point’s future

STORY HIGHLIGHTS

  • The Nuclear Regulatory Commission approved the deal in October
  • Towns near Indian Point are hoping for a similar deal so Indian Point can be opened to development after it shuts down in 2021
  • Deal with dismantling firm a first for dismantling of a nuclear plant

Entergy sold its Vermont Yankee nuclear power plant to a New York dismantling firm Friday, finalizing a deal that could offer the blueprint for Indian Point’s future after it shuts down in 2021.

The deal with NorthStar Group Services represents the first time a nuclear power plant has transferred its license to a company that take over the lengthy process of dismantling nuclear reactors and securing spent radioactive fuel.

It’s likely more will follow.

With nuclear power plants struggling to compete against the cheap price of natural gas, more than a dozen nuclear plants across the U.S. have, in recent years, shut down or announced plans to close…….https://www.lohud.com/story/news/local/westchester/2019/01/11/entergy-sells-its-vermont-yankee-nuclear-power-plant-ny-firm/2552170002/

January 14, 2019 - Posted by | decommission reactor, USA

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