In 2012, local leaders produced the PostVY report, which considered the possible economic impact to prepare the region if the Vermont Yankee Nuclear Power Plant (VY) were to close.
This local research with testimony from regional partners, SeVEDS and BDCC, and the Windham Regional Commission, informed a subsequent settlement agreement (December 2013) between the State of Vermont and Entergy, VY’s owner and operator.
The settlement yielded funds for programs, including the Windham County Economic Development Program which, invested in the region’s economic recovery.
Additional research to quantify the regional economic harm was also conducted by the Donahue Institute at UMass.
The 2014 Windham CEDS was the first in the country to consider the impacts of a possible Vermont Yankee (VY) nuclear plant closure on the regional economy.
In 2014 the U.S. Economic Development Administration (EDA) funded regional recovery initiatives, including a tri-state collaborative study “When People and Money Leave (and the Plant Stays).
The EDA’s main investment was in a green building sector development initiative, the Ecovation Hub.
