Entergy Nuclear is infamous for its arrogance. Now, reports the Associated Press, the country's second biggest nuclear utility, with one less than a dirty dozen atomic reactors in its fleet (Vermont Yankee -- VY -- was forced into permanent shutdown on Dec. 29th under intense public pressure), is threatening the State of Vermont to simply walk away from the radioactively contaminated site after 60 years, if the decommissioning is not yet completed.
The threat was made by Entergy Vice President Michael Twomey, to State of Vermont legislative committees. Under the Orwellian policy "SAFSTOR," the U.S. Nuclear Regulatory Commission (NRC) allows nuclear utilities to simply sit on permanently shutdown reactors, without doing radiological clean up or facility dismantlement.
Entergy only has about $666 million in the VY decommissioning fund -- only about half what is projected to be needed. The agreement to not require Entergy to put a single penny into the decommissioning fund, from when it took over VY in 2002 till now, was approved by Gov. Howard Dean's (D-VT) administration, well over a decade ago.
Entergy's plan is to keep the $666 million invested in the stock market, so its value can grow to the needed $1.25 billion. What happens if the money is lost in another stock market crash, Entergy is not saying.
The dilemma is, if Entergy withdraws funds from the $666 million decommissioning kitty, that lessens the investment in the stock market, which it hopes will double the funds value.
The State of Vermont is urging Entergy to begin VY decommissioning within 15 years. But Entergy has given no date certain for when decommissioning will begin. It has only pledged to transfer high-level radioactive waste from the storage pool to dry cask storage by 2020.
But Entergy has also reneged on its pledges in the past, such as to honor the State of Vermont's decision on approving or disapproving VY's 20-year license extension. When, in Feb. 2010, Vermont State Senators voted 26 to 4 to block VY's license extension, Entergy reneged on its agreement, and instead sued Vermont in federal court! In fact, Entergy V.P. Twomey just threatened to sue the State of Vermont again, this time over decommissioning liabilities after the 60-year SAFSTOR cut off!
Despite its plan to continue to store high-level radioactive waste in the pool till 2020, Entergy is seeking to end its support for emergency preparedness in the 10-mile radius surrounding VY, as early as next year. The State of VT is pressing for Entergy to maintain emergency response capability, so long as irradiated nuclear fuel remains in the storage pool.
The $1.25 billion price tag on decommissioning is itself dubious. Just a few days ago, the State of Vermont announced that hazardous Strontium-90 -- a bone seeker -- has been discovered in VY monitoring wells. The extent of the tritium contamination revealed in 2009 and 2010 is likely not comprehensively known (see photo, above left). That, and the presence of such radioactive hazards as Sr-90 in the soil, groundwater, and Connecticut River sediment contamination, could easily mean the decommissioning price tag will significantly increase.