State reports more progress in Vermont Yankee talks
MONTPELIER — Reporting they have made “significant progress” in confidential talks to resolve the state’s concerns about the proposed sale of the Vermont Yankee nuclear power plant to a New York City demolition company, state regulators have asked the Public Utility Commission for more time to finalize a deal.
“The parties have continued to engage in productive negotiations with participation from all interested parties,” the parties reported to the PUC in a letter sent Thursday afternoon.
“Although significant progress has been made, those negotiations are ongoing and additional time is required to allow that process to run its course,” the letter from lawyers representing the Department of Public Service, the Vermont Agency of Natural Resources, and the Attorney General’s Office stated.
The Public Utility Commission on Friday agreed with the request, canceling next week’s status conference and ordering all sides in the case to report back next week with an update.
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