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Topics AP

Vt. Yankee nuke plant seeks PSB OK to operate

By AP | January 31, 2012

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MONTPELIER, Vt. (AP) — The Vermont Yankee nuclear power plant is asking the state Public Service Board for permission to continue operating beyond its original March 21 closure date.

The move follows a Jan. 19 ruling by a Vermont federal court judge who found the state did not have the authority to close the plant as it had wished. But the decision said the plant needed to seek a certificate of public good from the utility-regulating Public Service Board.

Entergy Nuclear CEO J. Wayne Perry made the comments about the plans Tuesday during a telephone conference call with investors.

Perry says Entergy officials believe there is nothing standing in the way of a new certificate and the law allows the plant to continue operating while the case is decided.

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Canada's Best Jobs 2012: Wondering who's hiring, what they're paying and whether their industry is booming or dwindling? Our rankings will help you plot a practical course through today's job market.

JPMorgan and derivatives: Directors don't understand them and regulators are too conflicted.

Canada's youth see little employment gains: Here's a silver lining for young Canadians seeking work: at least you're not looking for jobs in 1983, or in Greece.

SNC-Lavalin scandal won't hurt future business: analysts: A police raid is not a good sign, but despite the turmoil, analysts aren’t calling SNC-Lavalin a sell.

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