Entergy says no to NY plan for nuclear waste storage
Sun, 05 May 2013 15:20:18 GMT —
A proposal by NY's comptroller to change storage of nuclear waste has gotten an overwhelming no vote from Entergy shareholders. The plan would have affected both the Fitzpatrick Plant in New Haven, and downstate's Indian Point.
Comptroller Thomas DiNapoli, speaking as trustee of the state's pension fund, which has about $49million worth of Entergy stock, suggested cutting back on spent fuel pools, and instead storing the waste in dry-casks. DiNapoli says putting spent, cooled nuclear fuel in steel containers surrounded by inert gas is safer.
Entergy's board said the proposal would limit company flexibility, and shareholders apparently agree. A preliminary count shows only 5% approve the change.