Can Endpoint WDE run in VM and decrypt

My Win 8 is very corrupted according to MS tech support, so I need to reinstall the OS. I can log on PGPWDE with no problem at startup, but cannot get decrypt to work, basically because the RDD won't start (tried everything). PGP desktop runs fine and I saved the key (with private) on external media. Since Win is so mangled, even the new Symantec Endpoint WDE won't install since no new installations can access the ProgramData folder (with admin rights).

Given the above, is it possible to install the new Endpoint WDE in a virtual XP machine, then using my key somehow decrypt -- so I can reinstall the OS?