Vermont Yankee decommissioning fund shrinks again in February

02/11/09 6:06AM

The fund set aside for the eventual dismantling of the Vermont Yankee nuclear plant is continuing to shrink.

The state Public Service Department has released figures showing that the decommissioning fund dropped more than $10.5 million of its value in January due to investment losses.

That brings it down to about $361.5 million, from more than $440 million in September of 2007.

Vermont lawmakers have been expressing concern about whether the fund will be sufficient when it comes time to dismantle Vermont Yankee, a job now estimated to cost more than $900 million.

Gov. Jim Douglas last year vetoed a bill calling on Vermont Yankee owner Entergy Nuclear to shore up the fund.


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