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+ - Vermont Yankee nuclear plant to close in 2014->

Submitted by stomv
stomv (80392) writes "Vermont Yankee nuclear plant is to close in late 2014, about 20 years before it's (extended) NRC operating permit expires in 2032. Vermont Yankee is a merchant plant, which means that it sells its energy and capacity on the open New England market. The three reasons cited by Entergy, the owner, to close are: low natural gas prices, high ongoing capital costs of operating a single unit reactor, and wholesale market flaws which keep energy and capacity prices low and doesn't reward the fuel diversity benefits that nuclear provides."
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Vermont Yankee nuclear plant to close in 2014

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