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.
generation in that state. The FERC noted that Valero Power Service has been selling power at market-based rates in ERCOT (the Electric Reliability Council of Texas), while its affiliated gas pipeline has been providing gas transportation service to 25 electric generators. Therefore, the potential for affiliate abuse existed before the proposed corporate realignment and would continue to exist without the realignment. But FERC pointed out that no complaints had been lodged. (em LB
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