RutlandHerald.com - We Are Vermont

Yankee decommission fund dips in October



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Published: November 11, 2009

MONTPELIER — The Vermont Yankee nuclear plant's decommissioning fund lost money in October, after several months of recovering from last year's big stock market declines.

From a $440 million high in September 2007, the fund had dropped to $361.5 million by the end of this past January. It had been climbing since then, to just under $420 million at the end of September.

It declined again in October, by a bit more than $3 million, finishing the month at about $416.8 million.

Some estimates have put the eventual cost of dismantling Vermont's lone reactor, taking care of its waste and restoring the site at nearly $1 billion.








READER COMMENTS


Well paid Entergy lobbyist Jay Thayer reported to the Vermont Public Service Board that Vermont Yankee could not commit to a residual radiation standard for decommissioning because they did not know how much radiological remediation would be required. In the 1980's, the Nuclear Regulatory Commission believed on site storage extended only for 30 years beyond the licensed life span of operating reactors but they changed their minds to suit the industry. The NRC also allows Vermont Yankee to add radiologiacal contaminated soil to their open contaminated soil dumps just south of the cooling towers. Clean energy???
What do you take us for?
-- Posted by ksw on Wed, Nov 11, 2009, 10:33 am EST

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