Nicholas S. Reynolds and Robert L. Draper
Nuclear plant licensees could face an added level of state regulation just as they move to cut costs.Permanent disposal capacity for low-level radioactive waste (LLW) and spent nuclear fuel, long a top priority for the nuclear industry, has not yet become a reality. But the storage question draws more attention for its impact on nuclear power costs as electric generation grows more competitive.
Lori A. Burkhart
The Department of Energy (DOE) has delayed until January 19 a hearing on its proposal to weigh external environmental costs when setting efficiency requirements for electric appliances, air conditioners, and other consumer goods. The hearing will consider selection and application of economic theory, the role of the regulatory process, scientific basis for proposed action, and economic impact of such a far-reaching shift on the economy. (em LB
Lori A. Burkhart
At the National Association of Regulatory Utility Commissioners' quarterly meeting in Reno, NV, Edward M. Davis, president of NAC Holding Inc. and former president of the American Nuclear Energy Council, praised regulators for recognizing the need for a centralized interim storage facility for spent nuclear fuel by 1998 as well as the need for development of a transportation infrastructure.
W. Lynn Garner
Revolutions rarely succeed without a struggle. At the California Public Utilities Commission (CPUC), the move to restructure the state's electric utility industry is no exception. The stakes are enormous. For starters, annual revenues at the state's investor-owned electric utilities (IOUs) exceed $18 billion, making up
2 percent of California's gross state product. Competitively priced electricity is vital to California's $800-billion-a-year economy, one would think.