- Associated Press - Friday, December 2, 2016

BRATTLEBORO, Vt. (AP) - The company seeking to buy the idled Vermont Yankee nuclear power plant says it can dismantle the plant for the $580 million currently in the plant’s decommissioning fund or the company will make up the difference.

Scott State, chief executive officer of NorthStar Group Services, made the comments Thursday before a meeting in Brattleboro of the Vermont Nuclear Decommissioning Citizens Advisory Panel.

The Rutland Herald (https://bit.ly/2gOCsyq) reports NorthStar is seeking to buy Vermont Yankee, which closed almost two years ago, and demolish much of the Vernon plant. It plans to return the site to the promised “green field” decades ahead of what was originally expected.

After the meeting, State said Vermont Yankee would be the first nuclear power plant in the United States his company would attempt to decommission, but he said it has decommissioned nuclear research reactors at a number of universities in the United States.

NorthStar did $650 million in demolition business last year.

Once Vermont Yankee’s site in Vernon is cleaned up, State said it would be a good location for a solar array.

While NorthStar has no experience decommissioning large reactors its partners, the French company Areva, as well as Waste Control Specialists of Texas and Burns & McDonnell engineers of Kansas City, both have decommissioning experience, said Michael Twomey, the vice president of Entergy Nuclear, the current owner of Vermont Yankee.

Entergy is seeking state and federal approval to sell the plant to NorthStar.

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