RISK. That's "Choice" of the four-letter variety. And it's a concept we're
beginning to overhear at industry confabs, whispered by utility execs and regulatory affairs reps.
Nowhere is this sort of compelling choice more apparent than in three topics we tackle in the pages of this issue. How much risk, for instance, is inherent in the answers to these questions: Will nuclear plants survive competition? How far should U.S. utilities go in investing in Latin America? How should transmission service be integrated with reliability rules? Authors Jay Maidment and Geoffrey Rothwell examine the first question and point out that all nuclear plants are not created equal. Most plants have the potential for improving operating costs.