Bureau/Division/Agency

Legislature; Office of Policy and Legal Analysis

Document Type

Text

Exact Creation Date

1-1998

Description

In May of 1997 the Maine Yankee Atomic Power Company announced that unless a buyer could be found for the Maine Yankee power plant in Wiscasset, the plant would be permanently closed. At the time Maine Yankee was in the midst of discussions with a potential purchaser, PECO Energy Company of Philadelphia. In response to this situation and uncertainty as to what the ultimate status of the plant (Maine’s single largest producer of electric energy) would be, the Maine Legislature established by Joint Order the Joint Select Committee to Oversee Maine Yankee Atomic Power Company.

In early August Maine Yankee announced that no agreement for a sale could be reached and the decision was made to permanently close the plant. On August 27, the Joint Select Committee held its first meeting and began its examination of the issues surrounding closure of Maine’s only commercial nuclear power reactor.

The Joint Select Committee held four work meetings over the course of four months. Members considered and discussed the range of issues related to the closure of the plant and heard from a variety of entities involved with those issues (see Appendix C for summaries of the committee’s meetings). On December 11 the Committee held a public hearing in Wiscasset on the decommissioning of Maine Yankee. The Committee received both oral and written comments. Oral comments are summarized in Appendix E. Written comments may be found in Appendix F. On January 22, 1998, the Committee met a final time to review and vote on this report.

This report summarizes the history and current status of the Maine Yankee Atomic Power plant, provides an overview of the principal issues raised by the closure of the plant, provides the findings and recommendation of the Joint Select Committee and includes a directory of the major agencies and groups that are involved in issues related to the closure of the plant.

Language

English

File Size

196 KB

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No Copyright - United States. URI: http://rightsstatements.org/vocab/NoC-US/1.0/
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