Entergy closing Vermont Yankee nuclear power plant – economic decision

Entergy to Close, Decommission Vermont Yankee

Decision driven by sustained low power prices, high cost structure and wholesale electricity market design flaws for Vermont Yankee plant

Focus to remain on safety during remaining operation and after shutdown

New Orleans, La. – Entergy Corporation (NYSE: ETR) today said it plans to close and decommission its Vermont Yankee Nuclear Power Station in Vernon, Vt. The station is expected to cease power production after its current fuel cycle and move to safe shutdown in the fourth quarter of 2014. The station will remain under the oversight of the Nuclear Regulatory Commission throughout the decommissioning process.

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