The Future of Nuclear Host Communities

Nuclear power plants pump millions of dollars into local economies. As the rate of nuclear retirements accelerates, will surrounding communities find a way forward? -- A growing number of U.S. nuclear power plants are threatened with early retirement as the combination of rising operating costs, and low electricity prices, have eroded the nuclear industry's profits. The reactors are often the economic life blood of the mostly rural communities where they're located. When they close, many good paying jobs, and generous funding for school and community services disappear. And, unlike most one-company towns, nuclear host communities are burdened with a legacy of nuclear waste that can create barriers to redevelopment. Guests Jennifer Stromsten, Program Director with the Institute of Nuclear Host Communities, and Saqib Rahim, an E&E News reporter who's written extensively on nuclear plant closures, discuss community efforts to navigate the closure of the Vermont Yankee nuclear station in southern Vermont. They also look at the impact that the ongoing storage of nuclear waste at the site is having on efforts to redevelop, and initiatives at the state and national level to give communities more say in the decommissioning process and, by extension, control over their path forward. Jennifer Stromsten is Program Director with the Institute of Nuclear Host Communities and works for the economic development agency that serves the region surrounding Entergy Corporation's Vermont Yankee nuclear power plant. The plant closed in 2014 and is now in the process of decommissioning. Saqib Rahim is a reporter with E&E News who has written at length about Vermont Yankee and the legacy of nuclear plant closures. Related Content: Nuclear Decommissioning: Paying More for Greater, Uncompensated Risks: https://kleinmanenergy.upenn.edu/paper/nuclear-decommissioning A Clean Grid is a Diverse Grid https://kleinmanenergy.upenn.edu/clean-grid-diverse-gridSee omnystudio.com/listener for privacy information.