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Transcripts For WBZ WBZ News 20151013

The owners of the power plant say it will close no later than june of 2019. Thank you for being here was. The 43 year old plant is in need of millions of dollars of repairs and renovations and has the lowest safety marks in the country. Our laural reporter the plan operators will be speaking at News Conference about the shutdown, we spoke this morning with the president of entergy, the company that runs pilgrim. New england isnt a good place for them to do business. The plant has been controversial for years. The decision to shut it down by june of 2019 is still sudden. The president of the company says in the past year, gas prices are down a dollar, Energy Prices down 10. The economics dont work anymore. Of over 40 million, a year, in revenue for the facility. Thats the number one driver of the decision. Governor baker says losing pilgrim as a significant Power Generator not only pose as shortage, but highlights the thed for clean reliable affordable proposal. Pilgrim safety rating ha

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