Concept of prudence and its impact

Conference · Wed Jan 01 04:00:00 EST 1986 · Trans. Am. Nucl. Soc.; (United States)

OSTI ID:7124038

Crowley, J H; Kaminski, R S

The technical and financial regulation of the US nuclear electric industry is divided between the federal and state governments. The federal government oversees the environmental and safety aspects of the technology and is essentially unconcerned with costs. The state utility commissions address cost and are essentially unconcerned with the benefits which the safety and environmental enhancements add to the quality of life. Increasingly, the state utility commissions are relying on the concept of prudence to justify major cost disallowances for light water reactors (LWRs) entering the rate base. This situation, if it continues, will cause profound changes in the electric utility industry conducts its business. The authors believe these changes may not be in the long-term interest of both the ratepayers and the investors.

• OSTI ID: 7124038
• Report Number(s): CONF-861102-
• Conference Information: Journal Name: Trans. Am. Nucl. Soc.; (United States) Journal Volume: 53
• Country of Publication: United States
• Language: English

Related Subjects

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210800 -- Nuclear Power Plants-- Economics
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
BWR TYPE REACTORS
CAPITALIZED COST
CONSTRUCTION
COST
ELECTRIC UTILITIES
EPRI
FINANCING
MANAGEMENT
NATIONAL ORGANIZATIONS
NORTH AMERICA
PUBLIC UTILITIES
PWR TYPE REACTORS
REACTORS
REGULATIONS
US DOE
US ORGANIZATIONS
USA
WATER COOLED REACTORS
WATER MODERATED REACTORS