Vermont Yankee’s $60 million dilemma

first_img NRC makes Vermont Yankee license renewal official | Vermont … Mar 21, 2011 … In a letter dated March 21, 2011, US Nuclear Regulatory Senior Project Manager Robert Kuntz notified Michael Colomb, Entergy Vermont Yankee … Aug 27, 2002 … Vermont Yankee finally sold to Entergy by Robert Smith The deal had more than its share of up and down moments, but the sale of the Vermont … Northstar Vermont Yankee,By Kate Duffy, Vermont Business Magazine. Entergy Nuclear has a $60 million decision to make ‘ whether to invest in refueling Vermont Yankee, even though a federal judge refused to issue a preliminary injunction assuring the company it could continue operating the plant while its lawsuit against the state is pending. US District Court Judge J Garvan Murtha denied the request for a preliminary injunction in a decision issued Monday afternoon. He said Entergy failed to prove during a two-day hearing in June that it would suffer ‘irreparable harm’ before the case, schedule for trial in September, is decided.During the hearing, Entergy’s lawyers argued that without an injunction that would let it plan for future operations, the company may be forced to shut down the plant before its current license expires in March. It would be unlikely to make a $60 million investment in fuel rods without an indication from the court that it might win its case. ‘Entergy, while it has raised the possibility, has not persuaded the Court that a decision to shut down is likely and imminent,’ Judge Murtha wrote in the 18-page decision. Entergy is suing the state in federal court over whether a law that effectively gives the Legislature the right to shut down a licensed, operating nuclear power plant is constitutional. Vermont Yankee, the state’s only nuclear power plant, is slated to shut down on March 21, 2012, at the end of its original 40-year operating license. Citing the plant’s age and history of radioactive leaks, last year the Senate voted 26 to 4 not to allow the Public Service Board to issue a certificate of public good to let the plant operate beyond its scheduled shut-down. In March, the Nuclear Regulatory Commission, which regulates all of the nation’s 104 nuclear power reactors, approved a license extension that would allow the plant to continue generating power for another 20 years. Entergy says the plant is safe and reliable and should be allowed to continue operating. It had hoped a preliminary injunction would allow it to do so while the case is pending. Vermont Attorney General Bill Sorrell, a Democrat, said the state had won an important battle but still has a war to wage. ‘This was a nice win, but really what’s better is that the preliminary injunction was not issued,’ Sorrell said. ‘If one had been granted, that would have been a devastating blow to us because it would have required the finding by the judge, based on his understanding of the facts and the law, that it was likely that Entergy would prevail on the merits of the case as a result of the trial. We would have been really knocked backwards if that were the case.’ In ruling on the failure to prove irreparable harm, Judge Murtha did not address whether he thought Entergy could win its suit based on the merits of its case. ‘I was a little bit surprised that he so carefully skirted the merits,’ said Pat Parenteau, an attorney and professor at Vermont Law School who has been closely watching the case unfold. ‘He gave a few hints of what’s troubling him and things he wants to see addressed at trial. It’s like reading tea leaves in the opinion. But I was not at all surprised he found no irreparable harm.’ Parenteau noted it is extremely difficult to prove irreparable harm in a case like this. Instead, he noted the judge fast-tracked the case, scheduling the trial for September 12-14, in order to address the merits of the case and make a final decision. ‘The judge expressed no views whatsoever on the constitutional issues that Entergy has raised,’ Parenteau said. ‘Reading between the lines, what I see is a judge who believes the state has a right to close the plant for the proper reasons, but a judge who is not 100 percent convinced the state has done that.’ In a statement issued to reporters, Vermont Yankee spokesman Larry Smith said the company is ‘disappointed in the outcome.’ He made no indication of whether it will buy the fuel needed for the plant ‘ a decision he previously had said would have to be made by July 23. ‘Our request for a preliminary injunction was about keeping the plant’s workers employed, the plant running safely and the electric grid reliable until this case is resolved. In the upcoming days, we will be evaluating Judge Murtha’s opinion and assessing the company’s near-term options.’ RELATEDCourt denies preliminary injunction in Vermont Yankee caseThe Federal District Court for the District of Vermont issued a decision Monday evening in favor of the State of Vermont and denied Entergy’s request for a preliminary injunction that would have prevented the State from enforcing its laws during the pendency of the litigation. In a prepared statement, Attorney General William Sorrell called the decision ‘a very good first step in an important case.’  Mar 3, 2010 … Vermont Yankee engineers and technicians continue their investigation into the source of tritium in the plant’s groundwater.www.vermontbiz.com/node/14600 Vermont Yankee finally sold to Entergy | Vermont Business Magazine Vermont Yankee narrows search for tritium leak | Vermont Business …last_img read more

I’m devastated, Sturridge responds to fresh betting ban

first_img “The betting companies and the process of people being able to place bets on people moving clubs has to be stopped. “Although the appeal panel had recognised that I hadn’t bet, nobody else had bet, I was still charged. “It was very disappointing and upsetting for me to hear the news that the appeal panel had overturned the original, highly-qualified, panel’s ruling. “Devastating for me, I’m absolutely gutted about it. My season’s over. “I feel uncomfortable, and I just don’t think it’s the right thing for me to continue accepting wages from a team that I can’t contribute to due to being banned. Read Also:Sturridge handed worldwide ban “I have come to a mutual agreement with Trabzonspor to mutually terminate my contract. “I would just like to thank the Trabzonspor family, the players, the fans, coaching staff, medical team, president, vice-president. FacebookTwitterWhatsAppEmail分享 The former Liverpool forward has left Turkish side Trabzonspor by mutual consent after the FA increased a previous ban for breaching betting offences. Sturridge has been ruled out of action until June 17 and fined £150,000 after the FA appealed against that previous ban that they saw as too lenient. It was alleged that Sturridge instructed his brother to bet on him joining Sevilla on loan from Liverpool in January 2018, although the forward – who ended up joining West Brom on loan that month – denies this. Sturridge released a video on his YouTube channel following the decision, the full transcript of which can be read below. “I just want to say it’s been a very long drawn out process over the last couple of years, and difficult to concentrate on my football. It’s also been a crazy few days, to be fair. “I just want to say that I’m going to continue to campaign for professional footballers to be able to speak to their families and close friends freely, without the real risk of being charged. Former Liverpool forward, Daniel Sturridge, has said he was devastated after being slapped with a fresh FA betting ban. Loading… Promoted Content9 Facts You Should Know Before Getting A Tattoo7 Universities In The World Where Education Costs Too MuchWho’s The Best Car Manufacturer Of All Time?The 10 Best Secondary Education Systems In The WorldTop 10 Female Disney Villains You’ll Definitely Fall In Love WithCan You Imagine Quitting A Role Because Of Dislike For W. Smith?6 Interesting Ways To Make Money With A Drone7 Black Hole Facts That Will Change Your View Of The UniverseDid You Know There’s A Black Hole In The Milky Way?10 Risky Jobs Some Women DoWhat Happens To Your Brain When You Play Too Much Video Games?8 Best Movies On Amazon Prime Video To Stream Right Nowlast_img read more