Gov. Peter Shumlin’s Announcement On Entergy’s Planned Closing Vermont Yankee
“This is the right decision for Vermont as we move to a greener energy future.
Entergy’s announcement today confirms what we have known for some time. Operating and maintaining this aging nuclear facility is too expensive in today’s world. Vermont utilities no longer have contracts with Vermont Yankee, and our regional grid is not reliant upon it for stability. Vermont has made clear its desire to move toward more sustainable, renewable sources of electricity, and many of our surrounding states are doing likewise.
Vermont Yankee was built with an expectation that it would operate for a limited period of years. While it is no secret that Vermont and Entergy have disagreed on how long that should be, it is now clear that Vermont Yankee is a part of the energy past, and will not be a part of our energy future.