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US Vermont power plant closes

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Vermont-Yankee-Nuclear-Po-002A nuclear power plant in Vermont has closed permanently as of midday on Monday.

Over 43 years the plant provided power to the New England grid and produced over 171 billion kilowatt-hours of electricity.

The Governor of Vermont, Peter Shumlin who backed the decision to close the plant said in a statement: “Thanks to investments in renewable energy such as solar, Vermont’s energy future is on a different, more sustainable path that is creating jobs, reducing energy costs for Vermonters and slowing climate change.”

Bill Mohl, president of Entergy Wholesale Commodities said economic factors related to the natural gas market in north east America were primary reasons for the shut-down.

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