The Nuclear Regulatory Commission has issued a final policy statement on its intended approach to nuclear plant licensees as the electric industry moves toward greater competition.
The New York Power Authority (NYPA) favors restructuring opportunities consistent with a statewide,
single-operator transmission system. Their proposed model, submitted to the New York Public Service Commission (PSC) as part of the "Competitive Opportunities" proceeding, envisions an independent system operator that would own and operate all transmission facilities in the state. Alternatively, NYPA would agree to a consortium in which owners cede their facilities to a single operating entity via a contractual relationship. NYPA also proposes setting up a regional transmission group, made up of transmission owners, generation providers, and transmission-dependent entities that would perform advisory, planning, and cost-allocation functions. tLori A. Burkhart is an associate legal editor of PUBLIC UTILITIES FORTNIGHTLY.
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