News Release > Entergy Vermont Yankee Completes Spent Nuclear Fuel Move from Wet to Dry Storage in Significant Decommissioning Milestone

Entergy Vermont Yankee Completes Spent Nuclear Fuel Move from Wet to Dry Storage in Significant Decommissioning Milestone

08/01/2018

VERNON, Vermont – Entergy Corporation’s shutdown Vermont Yankee Nuclear Power Station has completed the final movement of spent nuclear fuel from the spent fuel pool in the reactor building to dry storage casks, a major milestone in decommissioning. The campaign was completed ahead of schedule and within the projected budget.

The site’s Independent Spent Fuel Storage Installation (ISFSI) safely stores in 58 casks all the spent nuclear fuel used during the 42 years that Vermont Yankee produced electricity. Now that all fuel has been transferred to dry storage within the ISFSI, Entergy will be implementing other planned changes that will result in savings on security, personnel, and maintenance that would have been funded from Vermont Yankee’s nuclear decommissioning trust fund.

Holtec International, under Entergy’s oversight, performed the turnkey project including cask system manufacturing, ISFSI construction and spent fuel transfer to the ISFSI.

The spent fuel transfer is an important milestone in decommissioning and supports the proposed sale of Entergy Nuclear Vermont Yankee (ENVY) to subsidiaries of NorthStar Group Services Inc. for the timely decommissioning and restoration of the site, a transaction targeted to be completed this year, pending regulatory approvals.

About Vermont Yankee and Entergy

The Vermont Yankee Nuclear Power Station, a single unit boiling water reactor, began commercial operation in 1972. Entergy purchased the plant in 2002 from the Vermont Yankee Nuclear Power Corp. It permanently ceased operations on Dec. 29, 2014. At full power, Vermont Yankee generated 620 megawatts, nearly 1/3 of all electricity consumed in Vermont.

Entergy Corporation (NYSE: ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $11 billion and more than 13,000 employees. More information is available at www.entergy.com and www.vydecommissioning.com.