Clean Energy Development Fund
Vermont's Clean Energy Development Fund (CEDF) was established in 2005 to promote the development and deployment of cost-effective and environmentally sustainable electric power and thermal resources -- primarily renewable energy and combined heat and power (CHP) technologies.
Funding Sources
From its establishment to 2012, the CEDF was supported via annual payments from Entergy (which owns the Vermont Yankee nuclear power plant). In return, under terms of two memoranda of understanding between Entergy and the Vermont Department of Public Service (DPS) that expired in March 2012, Entergy was permitted to store its own spent nuclear fuel at the Vermont Yankee site
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