As Entergy has been preparing to do for some time, it’s down forever for Vermont Yankee. That’s at least ten (10) down forever (Vermont Yankee, Kewaunee, Crystal River 3, San Onofre 2 and 3) or never to be built (Calvert Cliffs 3, South Texas Nuclear Project 3 and 4, Bellefonte, and Levy County) in the past year. How many will it take before Southern Company (or more likely GA PSC or even the Georgia legislature) realizes new nukes make no financial sense and terminates the Plant Vogtle 3 and 4 boondoggle on the Savannah River?
Entergy blamed Vermont Yankee on shale gas, but you ain’t seen nothing yet, as Moore’s Law for solar really kicks in. Next one to go: I say Entergy’s often-down Pilgrim 1 in Massachusetts; everything Entergy said about Vermont Yankee applies in spades to Pilgrim 1. Or maybe ten-times-down-this-year Palisades. Or bouncy man-killer Arkansas Nuclear One. So many to choose from!
Entergy PR on Market Watch today, Entergy to Close, Decommission Vermont Yankee –Decision driven by sustained low power prices, high cost structure and wholesale electricity market design flaws for Vermont Yankee plant –Focus to remain on safety during remaining operation and after shutdown,
NEW ORLEANS, Aug. 27, 2013 /PRNewswire via COMTEX/ — Entergy
Corporation ETR -0.21% today said it plans to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vt. The station is expected to cease power production after its current fuel cycle and move to safe shutdown in the fourth quarter of 2014. The station will remain under the oversight of the Nuclear Regulatory Commission throughout the decommissioning process.
“This was an agonizing decision and Continue reading