Vermont Yankee is losing value

According to the VY web site, nuclear energy is safe, clean, reliable.   Nuclear energy has been promoted as being cheap and affordable.  Yet there is  a long history of  cost overruns  that make it more expensive.  Now the aging plant has become a financial drain as reported in a link  saying that Entergy, the owner of Vermont Yankee is losing value:

the fair value of its Vermont Yankee plant had dropped to $162 million — three times less than the carrying value at the time of $517.5 million.


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