Replacing Vermont Yankee for a Clean Energy Future ...We are on the edge of making the biggest decision about Vermont’s energy future in the past 40 years. The choice to repower Vermont with renewable energy resources or commit to an additional 20 years of Vermont Yankee will determine the legacy we leave future Vermonters.
Closing Vermont Yankee and moving forward with energy efficiency and local renewable energy would cost Vermonters 47–50% less, between 2012 and 2032, than relying on Vermont Yankee at predicted market prices. Replacing Vermont Yankee with local renewable energy resources would also add tens of millions of dollars to our state tax base and support the creation of hundreds if not thousands of new jobs.
The way that electricity is being produced, distributed and even used is undergoing monumental change. Wind power and solar power, which were once fringe energy sources, are now being talked about as main stays of our energy future.Massive coal and nuclear plants are increasingly seen as symbols of the past and not compatible with a smart energy grid. Clean technology is moving fast to develop large scale energy storage and advanced batteries for plug-in hybrid and electric vehicles, and our traditionally slow-to-change utility industry is running to keep pace.
The old ways of generating electricity— oil, coal, and nuclear—have created unsustainable environmental and economic costs. Continued reliance on these old technologies will only worsen the situation we face in years to come and we cannot simply pass these costs on to the next generation....
http://www.vpirg.org/repowervtFull report here:
http://www.vpirg.org/download/2009-VPIREF-Repowering-VT.pdf