Christopher Recchia

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Entergy rejects trust fund withdrawal objections

MONTPELIER — The state of Vermont is ramping up its fight with Entergy Nuclear over Vermont Yankee’s shrinking $600 million decommissioning trust fund. The attorney general’s office, along with the Department of Public Service, filed a petition last week with the Nuclear Regulatory Commission, asking for a federal “comprehensive review” into how Entergy is spending the fund, which was $675 million a year ago. Yankee shut down Dec. 29, 2014, and Entergy has made regular withdrawals since then. Entergy estimated a year ago it would cost $1.2 billion in 2014 dollars to decommissioning the reactor. Continue Reading →

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