The NRC and utility finances
Journal Article
·
· Nuclear News
OSTI ID:458681
- Duff & Phelps/MCM Investment Research Co., Chicago, IL (United States)
In a speech before the National Association of Regulatory Utility Commissioners in November 1991, Nuclear Regulatory Commission Chairman Ivan Selin presented what he called an {open_quotes}expansion of the concept of safety beyond our previous narrow bounds.{close_quotes} He went on to explain, {open_quotes}To be seen as successful and safe operators of nuclear facilities, utilities must have safe and predictable cash flows.{close_quotes} While there is little disagreement that the concepts of successful plant operations and financial strength go hand in hand, the relationship between the two is not clear. Which came first, successful operation of generating plants or financial strength? Selin`s views on NRC involvement in financial aspects of utility operation in the United States are sure to stimulate debate on the issue.
- OSTI ID:
- 458681
- Journal Information:
- Nuclear News, Journal Name: Nuclear News Journal Issue: 4 Vol. 35; ISSN NUNWA8; ISSN 0029-5574
- Country of Publication:
- United States
- Language:
- English
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