Vermont’s dependence on out of state sources for nuclear power
A article in the Vermont Digger by Anne Galloway on July 31, 2012 noted that going forward, Vermont will experience a greater than 30 percent gap between the power needed to supply the states needs and the amount that has been guaranteed to be supplied to the states businesses and residential customers.
The article quotes a report prepared by the Vermont Energy Partnership. The article quotes the report as noting that due to this gap there is a strong potential for electricity prices to increase as the utilities are forced to bid in the daily market for electricity to make up this gap.
The report also noted that approximately 12 percent of Vermont’s electricity will come from nuclear power and states that the sources are Seabrook Station in New Hampshire and Millstone Station in Connecticut. What is missing in this statement is the fact that Vermont purchases approximately one-third of its electricity from Hydro Quebec.
From the name one would think that Hydro Quebec produces electricity using water power and that is true, in part. Approximately 80 percent of the electricity generated by Hydro Quebec comes from water power. The rest comes from fossil fuels and the Gentilly Nuclear Station.
Vermont buys nuclear power from 3 places, Gentilly, Millstone and Seabrook:
How many people do the companies employ in Vermont? None.
How much do these companies pay in Vermont taxes? None.
How much do these companies contribute to the Vermont economy? Very little.
Vermont Yankee employs over 600 people who all pay Vermont income taxes.
Vermont Yankee pays over 60 million dollars in taxes every year.
Vermont Yankee contributes over 100 million dollars to the local economy every year.
Should we keep Vermont Yankee operating and providing safe, greenhouse gas free, dependable electricity? Seems like a no-brainer to me.
Jaffrey, New Hampshire
Saturday September 8: Green Mountain Patriots monthly meeting 9:00 AM – 11:00 AM at the Essex Grange – 116 Center Road Essex Junction, Vermont Next to Frank’s Motorcycles (Near the intersection of route 15 and route 128) Contact info.
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