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...Several closures of nuclear plants for largely economic reasons have been announced in the past few years, including Kewaunee in Wisconsin, Fort Calhoun in Nebraska and Vermont Yankee in Vermont....
...Dominion’s Kewaunee plant in Wisconsin was shut down in May 2013, and Entergy’s Vermont Yankee ceased operating at the end of last year....
...The two decisions that really rattled the industry were the closures of Dominion Resources’ Kewaunee plant in Wisconsin and Entergy’s Vermont Yankee in Vermont....
...The financial pressures on the US nuclear industry caused by the shale gas boom claimed another plant on Tuesday, as Entergy Corporation announced the closure of its Vermont Yankee reactor in the northeast...
...On Tuesday the power producer Entergy said it would shut down its Vermont Yankee nuclear plant, the most recent in a string of such closures....
...“This was an agonising decision,” said Leo Denault, Entergy’s chairman and chief executive, when the Louisiana-based utility announced in August it would shut down its 41-year-old plant Vermont Yankee next...
...This comes at a time when nuclear plants are being shut across the US, the latest an Entergy-owned one in Vermont, in what could prove to be a short-sighted move if clean energy remains a worthy goal....
...The US nuclear industry faces severe financial pressures, reflected in the closure of the Vermont Yankee plant announced on Tuesday, but it still has a long-term role to play in America’s energy supply,...
...According to Citi: In our view, Entergy is the most at-risk name under this scenario, as their two merchant plants at Vermont Yankee and Indian Point were undergoing significant political/regulatory relicensing...
...While Fukushima holds around 100 metric tonnes of spent fuel, the Vermont Yankee nuclear facility, which has been operating since 1969, holds roughly 650 metric tonnes, says Mr Alvarez....
...Entergy’s Yankee plant in Vermont had applied for a 20-year extension to keep it open once its original 40-year operating licence expired in two years....
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