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Researched by Industrial Info Resources (Sugar Land, Texas)--Entergy's (NYSE:ETR) (Saint Gabriel, Louisiana) 640-megawatt (MW) Vermont Yankee Nuclear Plant has closed its doors after 42 years of operation. The facility was located in Vernon, Vermont.
Entergy announced in 2013 that it would decommission the plant at the end of 2014 for economic reasons. Plant operators said in late December that they were starting to take the facility off the power grid.
The shutdown included one steam turbine and four internal combustion units. This was the first boiling-water reactor to be ever to be mothballed.
Entergy has put the power station in SAFSTOR mode, which means that it can be mothballed for up to 60 years before a complete dismantling and decontamination of the site. Entergy said the procedure will cost $1.24 billion, and the company now has $665 million for the job.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Entergy announced in 2013 that it would decommission the plant at the end of 2014 for economic reasons. Plant operators said in late December that they were starting to take the facility off the power grid.
The shutdown included one steam turbine and four internal combustion units. This was the first boiling-water reactor to be ever to be mothballed.
Entergy has put the power station in SAFSTOR mode, which means that it can be mothballed for up to 60 years before a complete dismantling and decontamination of the site. Entergy said the procedure will cost $1.24 billion, and the company now has $665 million for the job.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
