MAINE YANKEE PRUDENCE. The Maine Public Utilities
Commission will investigate the prudence of Maine Yankee Atomic Power Co.'s decision to close its nuclear plant permanently.
not to get too excited about electric competition:
"The long series of questions posed ¼ for study were developed during a unique time in our state's energy history, a time when our major energy provider, BPA, was going through the biggest transition in its history and when it appeared that restructuring of the electricity industry would force certain changes at the state level that could have had negative impacts on residential customers and other small users. ¼
"Both situations have changed ¼ At the regional level, BPA's situation is much more stable. In addition ¼ the region's utilities [are] once again able to take the lead role in conservation and renewables funding. At the state level, the drive towards restructuring has dissipated for a variety of reasons.
"While the possibility of full restructuring still exists, and some degree of change continues to take place, the state finds itself in a much different position at the outset of the 1999 legislative session than it did a year earlier." - B.W.R.
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