FILE – In this June 19, 2013 file photo, the Vermont Yankee Nuclear Power Station sits along the banks of the Connecticut River in Vernon, Vt. Its owner, Entergy Corp., said it is closing the plant for economic reasons, and is expected to be disconnect from the regional power grid. (AP Photo/Toby Talbot, File)
VERNON, Vt. (AP) — The company that is looking to buy the closed Vermont Yankee nuclear plant says it hopes to demolish it and clean up the site more than 30 years sooner than its current owner had planned.
NorthStar Group Services Inc. has told state regulators it hopes to finish the job by 2026 — more than 30 years sooner than current owner Entergy Corp.
NorthStar and Entergy Corp. say NorthStar and its partners have experience in decommissioning projects, and can handle the job efficiently.
The Rutland Herald reports NorthStar told regulators it can demolish the Vernon reactor for about $430 million less than Entergy Nuclear’s estimate of $1.24 billion.
Entergy owns the Pilgrim Nuclear Power Station in Plymouth, which is scheduled to close in 2019.
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