Basic Facts:

  • Location: Vernon, Vermont
  • Owner / Operator: Entergy Generating Co.
  • Total Construction Cost: $3.3B (2018$)
  • Total Plant Output: 620MW
  • Property Size: 120 acres
  • Status: DECON
  • Current DTF Balance: $590M (2018$)
  • Decommissioning Cost Estimate: $760M (2018$)
  • Spent Nuclear Fuel on Site: 703 metric tons
Vermont Yankee Photo

Background

Vermont Yankee was a single-unit boiling water reactor that produced 620MW MW of electricity. The plant began operating in 1972 and was licensed to operate for 40 years through 2012. In 2006, Vermont Yankee applied to the NRC for a 20-year license renewal that was granted in 2011 extending the licensed operations through 2032. In 2013, citing economic reasons, the plant owner’s announced that Vermont Yankee would close in 2014.

Decommissioning

Vermont Yankee is in SAFSTOR status. In 2016, Entergy announced its intent to sell Vermont Yankee to Northstar Group Services for decommissioning. This transaction received approval from the NRC in 2018 and is awaiting similar approvals from the state of Vermont. Entergy hosts a website that provides information on the decommissioning process. Vermont’s decommissioning website is found here.

Socioeconomics

Vermont Yankee is located in Windham County, Vermont. As of 2016:

  • Population: 43,000
  • Per Capita Annual Income: $49,000
  • Unemployment rate (not seasonally adjusted): 3.1%

The Vermont Yankee Nuclear Power Plant employed 650 workers from across New Hampshire, Vermont and Massachusetts, and paid approximately $66M in annual salaries and benefits. During operations, the plant contributed half of Vernon’s $2 million tax base.

Contact Information

Economic Development Administration Representative:

  • Matt Suchodolski, Philadelphia Regional Office, t: (215) 597-1242, e: [email protected]

Nuclear Regulatory Commission

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

Additional Information

Vermont panel hears strategies to store nuclear waste in boreholes

March 31, 2022

Vermont panel hears strategies to store nuclear waste in boreholesThe V ermont Nuclear Decommissioning Citizens Advisory Panel’s Federal Nuclear Waste Policy Committee has been meeting to assess federal policies and review potential nuclear waste storage methods. During its meeting this week the panel heard from a company that is proposing to use borehole technology to […]

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NRC officials say leaking casks are responsibility of NorthStar

October 19, 2021

NRC officials say leaking casks are responsibility of NorthStar BRATTLEBORO – If Vermont Yankee’s radioactive waste casks start leaking, it’ll be up to the plant owner to figure what to do. That’s the word from two key officials with the Nuclear Regulatory Commission, who on Monday said NorthStar Group Services will determine a course of […]

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Nuke panel gets update on radioactive waste issues

September 23, 2021

Nuke panel gets update on radioactive waste issues Despite financial difficulties facing a NorthStar affiliate company in Texas, officials say there will be space in the low-level radioactive waste facility for all of the waste and debris from the demolition of the Vermont Yankee nuclear power plant.

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NRC approves ‘indirect’ license transfer for Vermont Yankee

July 27, 2021

NRC approves ‘indirect’ license transfer for Vermont Yankee VERNON – The Nuclear Regulatory Commission has approved what it calls an indirect license transfer of the Vermont Yankee nuclear power plant site to a corporate partner of NorthStar Nuclear Decommissioning Co. LLC. NorthStar and its parent company, John F.

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Vermont Panel Hears Update On Federal Nuclear Waste Storage Policies

July 23, 2021

Vermont Panel Hears Update On Federal Nuclear Waste Storage Policies A committee of the advisory panel monitoring the decommissioning of the Vermont Yankee Nuclear Power Plant held a meeting this week to get an update on federal nuclear waste policy and the potential ramifications for the Vermont plant. On January 11th, 2019 Entergy completed its […]

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Proposed bill carries big bonus for Vernon

September 21, 2020

Proposed bill carries big bonus for Vernon VERNON – A bill introduced in Congress by Vermont’s three-member congressional delegation concerning the decommissioning of nuclear power plants would provide a stunning financial windfall for the town of Vernon – up to $18 million a year. The bill, the Nuclear Decommissioning Act of 2020, is co-sponsored by […]

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NorthStar to fund panel, legislation or not

May 6, 2020

NorthStar to fund panel, legislation or not VERNON – NorthStar Vermont Yankee LLC said Monday that it won’t wait for pending legislation before it starts funding the Vermont Nuclear Decommissioning Citizens Advisory Panel. Scott State, chief executive officer for NorthStar, told the panel that rather than wait for the bill now pending in the Vermont […]

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NorthStar funding bill in limbo

April 15, 2020

NorthStar funding bill in limbo BRATTLEBORO – The coronavirus pandemic has reshuffled the priorities of the 2020 Legislature, putting the future of a bill requiring NorthStar Vermont Yankee LLC to pay more toward the Vermont Nuclear Decommissioning Citizens Advisory Panel in limbo. Rep.

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Nuclear panel to shift some costs to NorthStar

February 6, 2020

Nuclear panel to shift some costs to NorthStar BRATTLEBORO – Members of the Vermont Nuclear Decommissioning Citizens Advisory Panel gave conceptual approval Monday to changes in its enabling legislation that would transfer some of the costs of the panel to the owner of the Vermont Yankee nuclear site.

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Nuclear Decommissioning panel to NorthStar: Start paying

January 15, 2020

Nuclear Decommissioning panel to NorthStar: Start paying BRATTLEBORO – NorthStar Holding Co. should be footing the bill for the Nuclear Decommissioning Citizens Advisory Panel, rather than the state’s ratepayers, a strong majority of the panel said Monday. In an advisory vote, the panel voted 11-4 in favor of the shift.

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