Vermont Yankee owner defends use of fund for spent fuel

MONTPELIER, Vt. - Nov 09 - Associated Press

The state of Vermont and its largest power company are asking the federal Nuclear Regulatory Commission for a comprehensive review of Entergy Corp.'s plans for use of the Vermont Yankee decommissioning fund.

The state and Green Mountain Power Corp. , which owns the company that sold Vermont Yankee to Entergy in 2002, both have been raising concerns about the company's plan to use money from the fund to store radioactive spent fuel on the plant site.

The state and the utility filed a petition Friday to ask the NRC to protect ratepayers' interest in the fund.

The petition notes that Green Mountain Power and Vermont ratepayers have a 55 percent interest in any money left in the fund after decommissioning is complete.

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