VTEP Blog

Listen, speak to NorthStar CEO on radio program Thursday

Posted by: Vermont Energy Partnership Staff    Posted date:  June 13, 2017

Scott State, CEO of NorthStar, will discuss his company’s plan to decommission Vermont Yankee on Thursday, June 15 at 11 AM on WDEV’s Common Sense Radio with Bill Sayre. Listeners may tune into AM 550, FM 96.1, 96.5, 98.3 or 101.9, or listen live on the Internet. Questions and comments on the live radio program are welcome. Call in at 802-244-1777.

The next meeting of the Vermont Yankee Nuclear Decommissioning Citizens Advisory Panel will take place on the following Thursday, June 22, from 6-9 PM at the Governor Hunt House in Vernon. The meeting will include presentations by AREVA and Burns & McDonald, NorthStar’s partners in decommissioning.

And, supporters of NorthStar’s decommissioning of Vermont Yankee are encouraged to provide public comments about the plan on the Vermont Public Service Board (PSB) website, ePSB.

Economic Development Leaders Address NRC at Vermont Yankee NDCAP Meeting

Posted by: Vermont Energy Partnership Staff    Posted date:  June 1, 2017

On Thursday, May 25, more than 25 economic and community leaders went to the Brattleboro Area Middle School to address representatives of the Nuclear Regulatory Commission (NRC) at a meeting of the Vermont Yankee Nuclear Decommissioning Citizens Advisory Panel (NDCAP). Scott State, NorthStar CEO, and Mike Twomey, Entergy Vice President of External Affairs, were also present to deliver a presentation on the proposed sale of Vermont Yankee and showcase some of NorthStar’s previous projects.

Following a Q&A session between the NDCAP members and NRC, the floor was opened to comments from the audience. The NorthStar purchase received great support from audience members, including Common Sense Radio host Bill Sayre and Patty O’Donnell of the Vernon Economic Development and Planning Commission.

Kate O’Connor, chairwoman of the NDCAP, also encouraged those present to send comments to the Public Service Board, via ePSB. Comments can be submitted to the link here.

May 25 NDCAP Meeting to host NRC

Posted by: Vermont Energy Partnership Staff    Posted date:  May 23, 2017

This Thursday, the Nuclear Decommissioning Citizens Advisory Panel (NDCAP) will host representatives of the Nuclear Regulatory Commission at their monthly meeting. The meeting will take place from 6 – 9:15 PM in the Multipurpose Room at Brattleboro Area Middle School, 109 Sunny Acres, Brattleboro.

We encourage you to attend and voice your support of NorthStar’s proposed plan. Supporters may also comment on the proposed sale (docket/case number 8880) at the Vermont Public Service Board comment link, ePSB.

For another perspective on how the NorthStar plan will benefit Windham County, see the following letter from Vernon resident Peggy Farabaugh. The letter can also be read here.

In a recent story (“NRC to appear in Brattleboro May 25,” May 17), NDCAP chairwoman Kate O’Connor stated that she hoped Windham County residents would speak out on the proposed NorthStar transaction. So, I want to share my opinion of the sale.  

Vernon and Windham County need economic regrowth and new industry to fill the void left by Vermont Yankee. NorthStar’s decommissioning plan would introduce new business and bring in new employees in just seven years – decades ahead of the original schedule. In the meantime, NorthStar’s employees will also patronize our local hotels and businesses, improving our local industry. 

Once the site is decommissioned, Vernon will be eligible to host a new large-scale employer and benefit from its jobs and tax dollars. And if the site is replaced with a micro-grid, as the Vernon Planning and Economic Development Commission suggested in their op-ed last month, Vernon can continue its legacy as Vermont’s clean energy leader.  

I urge the Public Service Board to recognize this great opportunity on Vernon’s doorstep. We can either act now and secure economic benefits for our community sooner, or wait another 60 years for Entergy to decommission Vermont Yankee on their own. Which would you choose?  

NorthStar plan will help sustain Vernon/Windham County growth

Posted by: Vermont Energy Partnership Staff    Posted date:  May 22, 2017

In a recent story (“NRC to appear in Brattleboro May 25,” May 17), NDCAP chairwoman Kate O’Connor stated that she hoped Windham County residents would speak out on the proposed NorthStar transaction. So, I want to share my opinion of the sale.

Vernon and Windham County need economic regrowth and new industry to fill the void left by Vermont Yankee. NorthStar’s decommissioning plan would introduce new business and bring in new employees in just seven years – decades ahead of the original schedule. In the meantime, NorthStar’s employees will also patronize our local hotels and businesses, improving our local industry.

Once the site is decommissioned, Vernon will be eligible to host a new large-scale employer and benefit from its jobs and tax dollars. And if the site is replaced with a micro-grid, as the Vernon Planning and Economic Development Commission suggested in their op-ed last month, Vernon can continue its legacy as Vermont’s clean energy leader.

I urge the Public Service Board to recognize this great opportunity on Vernon’s doorstep. We can either act now and secure economic benefits for our community sooner, or wait another 60 years for Entergy to decommission Vermont Yankee on their own. Which would you choose?

Peggy Farabaugh

Vernon, Vermont

NRC to hear public comments for 1 1/2 hours in Brattleboro, May 25

Posted by: Vermont Energy Partnership Staff    Posted date:  May 15, 2017

The Nuclear Decommissioning Citizens Advisory Panel (NDCAP) released their agenda for the May 25 meeting. The meeting will take place from 6 – 9:15 PM in the Multipurpose Room at Brattleboro Area Middle School, 109 Sunny Acres, Brattleboro.

Representatives from the Nuclear Regulatory Commission will be in attendance
Representatives from the Nuclear Regulatory Commission (NRC) will be at the meeting per a request made by the Panel and Vermont’s Congressional Delegation. The NRC will outline and answer questions about the license transfer request review process and the Post Shutdown Decommissioning Activities Report (PSDAR) acceptance process.

During the meeting, the NRC will take public comment for 90 minutes on the Entergy/NorthStar license transfer application and NorthStar’s revised PSDAR. The meeting is taking place during the NRC’d official comment period on the license transfer application. All comments made at the meeting will be recorded by the NRC and entered into the public record.

Entergy and NorthStar will make a presentation on license transfer application and PSDAR
Mike Twomey from Entergy and Scott State from NorthStar will also be at the meeting to discuss and answer questions about the license transfer application and NorthStar’s revised PSDAR.

Links to the license transfer application and revised PSDAR can be found on the NDCAP website: http://publicservice.vermont.gov/electric/ndcap

Supporters may also comment on the proposed sale (docket/case number 8880) at the Vermont Public Service Board comment link, ePSB.

NRC Comes to Brattleboro: Thursday, May 25, 6-9 PM, Brattleboro Area Middle School

Posted by: Vermont Energy Partnership Staff    Posted date:  May 10, 2017

This month’s Nuclear Decommissioning Citizens Advisory Panel (NDCAP) Meeting will host representatives from the Nuclear Regulatory Commission (NRC), which is charged with ensuring that NorthStar has the financial and technical ability to complete their proposed plan to decommission and restore the Vermont Yankee site. The meeting will be held on Thursday, May 25 from 6-9 PM in the all-purpose room at Brattleboro Area Middle School.

The public is welcome to attend, ask questions, and advise the NRC. The May 25 meeting is not an official “hearing” of the NRC, but instead is a tangible expression of good faith: by the NRC, to hear public comments in person on Vermont soil, and by the NDCAP, to invite the NRC to one of its monthly meetings, which are organized yet informal, non-binding public forums for the exchange of questions, concerns and ideas. The NRC is at present holding its own formal hearings, which focus mainly on NorthStar’s financial and technical capability to complete the job as proposed.

Vermonters are encouraged to offer public comment on ePSB, the Vermont Public Service Board website.

For another perspective on how the NorthStar plan will benefit both Windham County and the entire state of Vermont, see the recent letter to the editor in The Commons by Rep. Mike Hebert of Vernon.

As a legislator, I live in two worlds — my hometown of Vernon, and the Statehouse in Montpelier.

Although separated by two hours of interstate driving, Vernon and the Statehouse have priorities in common these days. Both hope to see clean, prosperous economic development of the Vermont Yankee site, as soon as possible.

To read the entire letter to the editor, click here.

Guy Page: Plan to decommission Vermont Yankee on time, under budget

Posted by: Vermont Energy Partnership Staff    Posted date:  May 1, 2017

In case you missed it in the April 30 Brattleboro Reformer, my op-ed describes how NorthStar plans to decommission Vermont Yankee at or under budget by 2026.

Guy Page : Plan to decommission Vermont Yankee on time, under budget 

Vermont’s regulatory system works best when it expertly and promptly considers a project’s economic benefits and environmental impacts. I have confidence the Vermont Public Service Board will act in this fine tradition in Docket 8880, NorthStar’s proposed decommissioning of Vermont Yankee.

In this spirit, I am concerned by two significant misunderstandings expressed at public meetings and in the press: that the project is underfunded, and that it has no set completion date. Both positions are incorrect, according to a January 24 report to the Nuclear Decommissioning Citizens Advisory Panel and an April 6 document submitted by NorthStar to the Nuclear Regulatory Commission.

As of February, 2017, the Vermont Yankee Nuclear Decommissioning Trust was valued at $572,000,000 [Pg. 17, April 6, 2017 NorthStar Revised Post-Shutdown Decommissioning Activities Report]. License termination expenses, carefully separated and budgeted into 900-plus sub-projects, are estimated at $498,450,000 [Table 3, 4/6/2017 PSDAR]. In addition to this $73 million projected surplus, NorthStar is providing additional cost overrun risk mitigation, including:

  • Guaranteed fixed payment (via bonding companies);
  • Team performance bonds (project partner companies also have been bonded);
  • Team contractual commitments (partners penalized for not completing work on time and on budget);
  • $125 million support agreement – in essence, an insurance policy.

NorthStar’s completion timeline is explicit and detailed, and is summarized by this statement: “regulatory commitment for Partial Site Release is 12.31.2030.” The term “partial” refers to all work necessary to restore the site EXCEPT for U.S. Department of Energy pickup of the spent fuel stored on the storage pads. This final step may occur before 2030 if a nuclear fuel repository is approved by the U.S. Nuclear Regulatory Commission.

One must also consider NorthStar’s past and future. It has decommissioned thousands of power facilities, and has extensive experience in nuclear decommissioning. A company doesn’t become the world leader in decommissioning by failing to plan for the unforeseen. It hopes to become the national leader in commercial nuclear power plant decommissioning and clearly recognizes that the success of this long-term mission depends on how well it performs at Vermont Yankee.

The Public Service Board can do its job well and in timely fashion. It is my hope that after careful review, the Board will find that early decommissioning of the site is in the public interest and that NorthStar is more than qualified to get the job done. That will allow Windham County to move forward with an economic development project that is vital to its future prosperity and quality of life.

Vernon Planning and Economic Development Commission: Helping Re-Energize Vermont

Posted by: Vermont Energy Partnership Staff    Posted date:  April 27, 2017

Last week, an op-ed by the Vernon Planning and Economic Development Commission was published in several media, including the Times Argus, Rutland Herald, and True North Reports, citing the economic benefits of a successful transaction on the Vermont Yankee/NorthStar deal.

An excerpt of the op-ed can be read below. To read the full text, visit one of the links above.

“There is one other major prerequisite for micro-grid (or any other) redevelopment of the Vermont Yankee site: the planned sale to NorthStar Services Group needs to be approved by the Vermont Public Service Board, and the NRC. If the sale is approved, the site may be available for redevelopment as soon as 2026 – just nine years. On the other hand, failure to approve the sale means the site likely won’t be redeveloped for about 50-60 years, per Entergy’s existing plan.”

Supporters of the NorthStar sale are encouraged to attend the May 25 U.S. Nuclear Regulatory Commission (NRC) public meeting May 25 in the Brattleboro area. The specific time and location will be announced soon. Also, supporters may comment on the proposed sale at the Vermont Public Service Board comment link, ePSB.

Governor Scott mentions NRC meeting as a milestone in his first 100 days

Posted by: Vermont Energy Partnership Staff    Posted date:  April 21, 2017

On Tuesday morning, April 18, I attended a weekly press conference held by Governor Phil Scott on the milestones achieved during the first 100 days of his administration. One of the mentioned highlights was the negotiation of a joint Nuclear Regulatory Commission (NRC)/Nuclear Decommissioning Citizens Advisory Panel meeting, scheduled for Thursday, May 25, to discuss the sale of Vermont Yankee to NorthStar.

The following statement regarding the meeting was published in an April 18 press release distributed by the Governor’s office:

“Following through on a commitment to listen to, and respect the will of communities in Public Service Board proceedings, attorneys at the PSD are reaching out to communities to understand concerns in cases and filings and to provide help to citizens who are trying to participate. PSD helped persuade the Nuclear Regulatory Commission (NRC) to attend a public meeting later this year where local communities will have a chance to directly relay concerns to the NRC about the decommissioning of the Vermont Yankee Nuclear Power Station in Vernon.”

The time and location of the May 25 meeting are to be determined. We will share this information with you as soon as we receive it. We encourage you to attend this important discussion on the NorthStar/Vermont Yankee sale, to both learn about and comment on its economic and environmental opportunities for Vermont.

NorthStar/Vermont Yankee Sale Questions Answered

Posted by: Vermont Energy Partnership Staff    Posted date:  April 21, 2017

The proposed Vermont Yankee transaction between Entergy and NorthStar has raised questions for many Vermonters, including the details of decommissioning and the economic savings under NorthStar. For better understanding of the project, see the following FAQ’s, provided by project partner AREVA:

Decommissioning Vermont Yankee

The Vermont Energy Partnership is also available to answer your questions on the proposed sale of Vermont Yankee and the many benefits this transaction could bring to Vermont.

 
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