Vt. Yankee to go forward with refueling - WCAX.COM Local Vermont News, Weather and Sports-

Vt. Yankee to go forward with refueling

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VERNON, Vt. -

Vermont Yankee officials say the nuclear plant will go forward with a scheduled refueling this spring, which could end speculation the owners are planning to close the plant voluntarily.

The plant shuts down about every 18 months to install fresh nuclear fuel rods which power the plant's boiling water reactor. The process takes several weeks and costs tens of millions of dollars.

A recent Wall Street financial analysis suggested Entergy was unlikely to make that investment and might be inclined to close the plant due to low profits and ongoing legal battles. But Vermont Business Magazine reports Wednesday that the refueling is set to take place.

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