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Timeline Of Vermont Yankee

  • 1966 – Vermont Yankee Nuclear Power Corporation was formed in 1966 by a group of New England utilities, including Vermont’s two largest utilities, Central Vermont Public Service Corporation and Green Mountain Power Corporation.
  • 1972 – In March 1972, Vermont Yankee Nuclear Power Station began commercial operations.
  • 2002 – On July 31, 2002, Vermont Yankee Nuclear Power Corporation sold the station to Entergy Nuclear Vermont Yankee, LLC.
  • 2013 – On August 27, 2013, Entergy announced plans to close and decommission Vermont Yankee, due to sustained low power prices, high cost structure and wholesale electricity market design flaws.
  • 2014 – On December 29, 2014, Vermont Yankee permanently ceased operations, after 42 years of providing safe, low-cost, clean, baseload electricity to Vermont.
  • 2016 – On November 8, 2016, Entergy announced an agreement to sell Entergy Nuclear Vermont Yankee and transfer the US Nuclear Regulatory Commission licenses to subsidiaries of NorthStar Group Services, Inc. to accelerate decommissioning and site restoration by decades.
  • 2018 — On March 2, 2018, Entergy Corp. affiliates and NorthStar Group Services announced they have signed a settlement agreement and Memorandum of Understanding with State of Vermont agencies and other interested parties on terms for approval of the proposed sale of Entergy Nuclear Vermont Yankee.
  • 2018 — On August 1, 2018, Vermont Yankee completed its final spent fuel dry cask loading campaign.
  • 2018 — On October 11, 2018, the US Nuclear Regulatory Commission approved the License Transfer Application to transfer the Vermont Yankee operating licenses to NorthStar.
  • 2018 — On December 6, 2018, the Vermont Public Utility Commission issued an amended Certificate of Public Good and order approving the transfer of Vermont Yankee to NorthStar.

Facts about Vermont Yankee

Vermont Yankee Nuclear Power Station, located in Vernon, Vt., is a single-unit boiling water reactor designed by General Electric that operated from 1972 to 2014.

At full power, Vermont Yankee generated 620 megawatts, providing nearly a third of all electricity consumed in Vermont.

In 2002, Entergy purchased Vermont Yankee for $180 million.

During the operating period, there were as many as 650 employees.

The Vermont Yankee site encompasses about 125 acres. The site also includes the historic Governor Hunt House.

The station is located on the Connecticut River, just north of the Vernon Dam, a 32.4 megawatt hydroelectric project that began operating in 1909. Therefore, there has been energy generation on this area of the Connecticut River for more than a century.

For facts on Vermont Yankee decommissioning, go to Decommissioning Facts.