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News Digest

Fortnightly Magazine - September 1 1998

nondiscriminatory open access the Tennessee Valley Authority, the Bonneville Power Administration and the Southeastern Southwestern and Western power administrations. It is unlikely that any federal legislation will be passed this year.

Business Wire

Virginia Power Nuclear Services, a wholly owned subsidiary of Virginia Power, and NAC International have agreed to provide U.S. utilities with a spent-fuel-management alternative to the storage and transport of spent nuclear fuel by the U.S. Department of Energy. The "Replacement Services Contract" initiative will provide a substitute for services that DOE was to have provided under the "Standard Contract for Disposal of Spent Nuclear Fuel and/or High-Level Radioactive Waste" (10 CFR 961) up to the point of permanent disposal.

The U.S. Overseas Private Investment Corp. will provide $200 million in financial support to the San Pascual project, a 304-megawatt cogeneration plant to be built in the Philippines by subsidiaries of Edison Mission Energy, Texaco, and Caltex Philippines. The plant will supply steam to an industrial complex owned by United Coconut Chemicals and sell power to the National Power Corp., the state-owned utility company of the Philippines.

Itron is installing 487,000 Itron ERT(r) modules for the Philadelphia Water Department and Water Revenue Bureau. The project began in fall 1997 and as of the first week of June 1998, 185,000 modules had been installed.

The local telephone industry again reduced interstate access prices by $600 million for a total of $2.8 billion since June of last year. The reduction in access charges means that long-distance companies will pay less to local companies to begin and complete calls. The United States Telephone Association challenged the long distance industry - namely AT&T and MCI - to pay back to consumers the multi-billion-dollars they have saved due to the fee reductions.

Virginia Power has selected BellSouth Wireless Data to provide a two-way wireless data communications solution for hundreds of its field workers. The solution is designed to enhance dispatching operations that cover approximately 800 Virginia Power field personnel and their dispatchers.

New Digest is compiled by Lori A. Burkhart and Phillip S. Cross, contributing legal editors, and by Beth Lewis, editorial assistant.

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