Entergy

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Vermont Yankee — Hanging by a Thread
by Sandy Levine

The past few weeks have not been kind to Vermont Yankee or its owners. Investment analysts continue to raise doubts about Yankee’s economic future. It is costing more to run the plant and its future looks bleak. In Vermont, hearings began last week before the Public Service Board on whether state approval should be granted.…

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The Dicey Economics of Hosting a Nuclear Plant
by Sandy Levine

This past week has shown Vermont first-hand the high cost of nuclear power. Hosting a plant in your state is clearly a high-stakes bargain. Vermont went to Court in Manhattan this week before a three judge panel at the United States Court of Appeals. (Read more here and here). It had fifteen minutes for its…

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Vermont Yankee – Worth More Dead than Alive
by Sandy Levine

The financial world is waking up to what a drag Vermont Yankee really is. The tired, old and leaking nuclear plant in Vermont is not carrying its weight. Financial analysts report that Vermont Yankee is economically vulnerable and a retirement announcement would boost stock prices for its parent, Entergy. You can read the UBS Investment…

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Vermont Yankee is in a Tight Box
by Sandy Levine

Regulators issued another strong rebuke to the owners of Vermont Yankee. The Vermont Public Service Board strongly rejected Entergy’s requests to change prior orders. Entergy continues to operate in defiance of Vermont law. Patience with this sort of behavior is wearing thin.  Read the decision here. Entergy asked to change orders so that it would…

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Future of Vermont Yankee – Let your Voice be Heard
by Sandy Levine

When:  Monday evening, November 19, 2012 beginning at 7 pm. Where:  Vermont Interactive Television sites around Vermont – Find locations here. What:  Should Vermont Yankee – a tired, old nuclear facility on the banks of the Connecticut River retire and its untrustworthy owners close shop? How:  Speak up at a public hearing. This is YOUR…

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Putting an Old Nuclear Plant Out to Pasture – Slowly
by Sandy Levine

In a world where messages are sent instantaneously, it is hard to believe the time to consider (again) whether the continued operation of Vermont Yankee is good for Vermont would take more than a year. Entergy, Vermont Yankee’s owners, proposed a schedule to Vermont regulators that would have the case completed in just over eighteen…

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Vermont Yankee – A Stunning Rebuke
by Sandy Levine

In a sharply worded decision, the Vermont Public Service Board made clear yesterday that it intends to holds Entergy to its commitments. The Board stated that the provision of Vermont law that allows licenses to continue while a new proceeding is underway “does not provide authority for Vermont Yankee to continue operating, and storing spent…

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Give Entergy an Inch and They (Try To) Take a Mile
by Sandy Levine

Entergy asked the Public Service Board today to just give it a new certificate of public good claiming no further review is needed. Judge Murtha’s decision was clear. The Vermont Public Service Board continues to have authority to review Entergy’s actions and determine if continued operation is beneficial to Vermont.

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State of the Union: Our Messy Federalism
by John Kassel

At a time when our governors and our President were preparing to address their constituents, CLF was (and is) making news – news that raises a series of enduring questions: In our country, where is the line between federal and state authority? How clear is it? Who gets to draw it? Why would you draw it in one place instead of another?