Starting this month, Vermont Business Magazine will begin running full interviews online (VIDEO). The first of these is with Bob Young, CEO of Central Vermont Public Service. The occasion for this piece is his recent announcement that he will step down next May.
As Young explains in the interview, there is much to do between now and then and that includes finding his replacement.
Young also talks at length about Vermont Yankee. He says that Entergy will have to make a decision on whether to close the plant as early as this winter, in part because it has a substantial fuel buy to make if the plant is to remain in operation beyond the expiration of its license in 2012.
He also talks about the future of energy supply in Vermont; the recently agreed-to deal with Hydro Quebec that CVPS and GMP are set to sign; and whether a modestly sized, albeit successful, utility such as CVPS can remain an independent entity. The memorandum of understanding between the Vermont Utilities and Hydro Quebec expires tomorrow, July 31, 2010. As of today, the deal has not been signed.
VBM Editor Timothy McQuiston interviewed Young July 16 at his office in Rutland.
Source: VBM. 7.30.2010 (VIDEO)
Video Q&A: Bob Young, CEO of CVPS
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