Vermont Yankee To Shut Down in 2014
The owner of Vermont Yankee says it will shutter the plant at the end of its current fuel cycle, a gradual shutdown that will see Vermont Yankee offline by the end of 2014. WAMC's Pat Bradley reports.
Entergy Corporation says closing the Vernon plant was an “agonizing decision.” The future of Vermont Yankee had been contested for years, as activists and some lawmakers called for its closure. The company says the decision is based on several financial factors, including a booming natural gas market and increased expenses at the plant.