Incentive regulation of investor-owned nuclear power plants by public utility regulators. Revision 1

Technical Report · Sat Apr 01 04:00:00 EST 1995

DOI:https://doi.org/10.2172/61143· OSTI ID:61143

McKinney, M D; Seely, H E; Merritt, C R; Baker, D C ^[1]

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1. Pacific Northwest Lab., Richland, WA (United States)

The US Nuclear Regulatory Commission (NRC) periodically surveys the Federal Energy Regulatory Commission (FERC) and state regulatory commissions that regulate utility owners of nuclear power plants. The NRC is interested in identifying states that have established economic or performance incentive programs applicable to nuclear power plants, how the programs are being implemented, and in determining the financial impact of the programs on the utilities. The NRC interest stems from the fact that such programs have the potential to adversely affect the safety of nuclear power plants. The current report is an update of NUREG/CR-5975, Incentive Regulation of Investor-Owned Nuclear Power Plants by Public Utility Regulators, published in January 1993. The information in this report was obtained from interviews conducted with each state regulatory agency that administers an incentive program and each utility that owns at least 10% of an affected nuclear power plant. The agreements, orders, and settlements that form the basis for each incentive program were reviewed as required. The interviews and supporting documentation form the basis for the individual state reports describing the structure and financial impact of each incentive program.

• Research Organization: Nuclear Regulatory Commission, Washington, DC (United States). License Renewal and Environmental Review Project Directorate; Pacific Northwest Lab., Richland, WA (United States)
• Sponsoring Organization: Nuclear Regulatory Commission, Washington, DC (United States)
• DOE Contract Number: AC06-76RL01830
• OSTI ID: 61143
• Report Number(s): NUREG/CR--5975-Rev.1; PNL--8466-Rev.1; ON: TI95011250
• Country of Publication: United States
• Language: English

Related Subjects

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
29 ENERGY PLANNING, POLICY, AND ECONOMY
ECONOMICS
ELECTRIC UTILITIES
FINANCIAL INCENTIVES
LEGAL INCENTIVES
NUCLEAR POWER PLANTS
PRICING REGULATIONS
RATE STRUCTURE