Leo Denault, Entergy’s chairman and chief executive, said in a statement:
“Vermont Yankee has an immensely talented, dedicated and loyal workforce, and a solid base of support among many in the community. We recognize that closing the plant on this schedule was not the outcome they had hoped for, but we have reluctantly concluded that it is the appropriate action for us to take under the circumstances.The New Orleans-based company has been battling with the state since 2010, when the Vermont Senate voted against a measure that would have authorized a state board to grant Vermont Yankee a permit to operate for an additional 20 years. Lawmakers were concerned about the plant’s safety and age, and misstatements by plant management about components at the reactor. (Wash Post, 8/27/2013)
When it closes, the plant will be placed in 'safe-store,' in which federal regulations allow it to be mothballed for up to 60 years while its radioactive components cool down before removal."