"Company said the plant is no longer economically viable."
"BRATTLEBORO, Vt. -- Entergy Corp. will close Vermont Yankee nuclear power plant, which it had fought so vigorously to keep open, by the end of 2014, the company said Tuesday.
Vermont Gov. Peter Shumlin called the shutdown 'the right decision for Vermont' and pledged to help the plant's workers find new jobs.
Entergy, which bought Vermont Yankee in 2002 from eight Vermont utilities, made the decision Sunday to shut down the 600-megawatt nuclear power plant just outside of Vernon, Vt., on the Vermont-New Hampshire border about 2 miles north of the Massachusetts border but informed the Vermont governor of its decision Tuesday morning."
Terri Hallenbeck and Tim Johnson report for the Burlington (Vt.) Free Press (Gannett) August 27, 2013.
SEE ALSO:
"Vermont Nuclear Plant's Closure Shows Impact of Cheap Gas" (Wall St. Journal)
"Vermont Yankee Nuclear Power Plant To Close By End of 2014" (Guardian)
"Vermont Yankee Plant to Close Next Year as the Nuclear Industry Retrenches" (New York Times)
"Entergy To Shut Controversial Vermont Nuclear Plant" (Reuters)