Yankee Companies Urge Federal Government to Remove Used Nuclear Fuel in Wake of Favorable Federal Court Decision

U.S Court of Federal Claims Senior Judge James F. Merow issued a favorable ruling on September 30, 2006 for the three former Yankee nuclear power plants in their litigation with the federal government over its failure to remove used nuclear fuel from the three New England sites. Yankee Vice- President and Chief Financial Officer Michael Thomas said, “While the Court’s decision will need to be reviewed and evaluated, the Yankee companies’ initial reaction to the monetary award is very positive. However, the ruling does not solve the problem of used nuclear fuel remaining at the plant sites, and the federal government is urged to remove the material promptly. We hope this ruling will spur the U.S. Department of Energy to begin fulfilling its obligation.”