The Vermont Public Service Board has released a public meeting schedule concerning Entergy’s sale of the shuttered Vermont Yankee Nuclear Power Plant.
Entergy in November agreed to sell Vermont Yankee, which closed in 2014, to New York-based decommissioning specialist NorthStar Group Services. The deal is expected to shorten the timeline to fully decommission the facility by decades. It must be approved by both the Public Service Board and the Nuclear Regulatory Commission.
The Public Service Board’s newly released schedule runs through October. The board has scheduled public meetings for March 13 (potentially March 14) and Sept. 5 (potentially Sept. 6). The board meets in the Susan M. Hudson Hearing Room on the third floor of the People’s United Bank Building, 112 State Street, Montpelier, Vt.
If the deal goes through, NorthStar would assume control of the plant’s estimated $600 million decommissioning trust fund. Entergy’s original post-shutdown decommissioning activities report (PSDAR) projected decontamination and dismantlement to start in 2068. NorthStar plans to start the work much sooner, potentially finishing the job in the 2030s.
