Rumors started last week that Entergy may be putting Vermont Yankee out for sale. An energy trade publication carried the story but Entergy has had no comment.
Now the Rutland Herald reports Entergy and one other company (not named) tried to pull out mid way through a power contract auction run by ISO the operator of the New England power grid.
ISO-New England Inc. held the auction. ISO spokeswoman Ellen Foley said that Entergy Nuclear participated until the fifth round of the auction and then requested to “delist,” or pull out of the auction, a move which was denied by ISO-New England, citing grid reliability concerns.
The auction was held Aug. 2 and 3, and Entergy’s request came on Aug. 2, Foley said. Entergy did not request in advance to pull out of the auction, she said. By law, every power generator must participate in such power capacity auctions.
Vermont Department of Public Service David O’Brien’s reaction is notable.
O’Brien, Vermont’s advocate for the people of the state of Vermont in these matters didn’t ask why Entergy attempted to withdraw from the auction. Rather than find out the facts or an explanation for Entergy’s behavior he simply brushed aside the question and raised fears of reliability.
David O’Brien, commissioner of the Department of Public Service, said he did not ask Entergy why it tried to withdraw from the auction. But he said the more important issue was what the loss of Vermont Yankee would have on the New England power grid.