VY spokesman: Talks on future power deal still on

01/05/09 6:34AM

A Vermont Yankee nuclear plant official says negotiations on a future deal to sell power to the state's retail utilities remain under way, despite indications they may have reached an impasse this past week.

The talks about how much Vermont might have to pay for nuclear power come as the state Public Service Board and Legislature prepare to consider whether Vermont Yankee should be allowed to operate for 20 years past the 2012 expiration date of its current license.

Plant owner Entergy Nuclear had written to the Public Service Board recently to say it thought its offer to the state and its power companies already was sweet enough, because it would allow Vermont's utilities to share in profit from future sales of power from the plant.


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