| The Nuclear Regulatory Commission
staff has approved the transfer of the operating license for the Vermont Yankee
nuclear power station from Vermont Yankee Nuclear Power Corporation to subsidiaries
of Entergy Corporation.
As provided by NRC regulations, the staff's approval of the license transfer
became effective on May 17.
On October 5, 2001, Vermont Yankee Nuclear Power Corp. and Entergy Corp.
jointly submitted an application to the NRC requesting approval for the license
transfer. The key issues considered by the NRC included Entergy's technical
and financial qualifications to maintain Vermont Yankee as well as decommissioning
funding assurance.
A copy of the NRC's approval letter and accompanying safety evaluation
report will be placed in the NRC's Public Document Room, One White Flint North,
11555 Rockville Pike,
Room O-1 F23, Rockville, MD 20852 (telephone 1-800-397-4209 or 301-415-4737)
and added to the Agency-wide Documents Access and Management System. Help
in using ADAMS is available by calling the Public Document Room.
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