Energy partnership praises PSB decision on Vermont Yankee

In response to the Vermont Public Service Board’s approval today of the Vermont Yankee Certificate of Public Good, Vermont Energy Partnership President Brad Ferland issued the following statement.

“This is good and important news. For years Vermonters have sought a win-win agreement between Vermont Yankee and the State of Vermont. Today’s decision to approve Vermont Yankee’s Certificate of Public will help provide significant statewide economic and environmental benefits.

“This is because the PSB decision is a pre-requisite for implementation of the December 23, 2013 master settlement agreement between plant owner Entergy and the State of Vermont. The MSA provides for decommissioning of Vermont Yankee without undue or unreasonable delay, resolves many expensive lawsuits between Vermont Yankee and the State of Vermont, provides $5.2 million in renewable energy funding, $10 million for Windham County economic development, and more time for post-employment planning for hundreds of Vermonters who work at and for the plant.”