ML20138A968
| ML20138A968 | |
| Person / Time | |
|---|---|
| Site: | Clinton  |
| Issue date: | 10/09/1985 |
| From: | Batz R AFFILIATION NOT ASSIGNED |
| To: | Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML20138A972 | List: |
| References | |
| A, NUDOCS 8510110176 | |
| Download: ML20138A968 (1) | |
Text
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Hayback Pleco Elsoh, IL 62028 Oct.
9, 1985 l
Director of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C.
20555 M
Dear Sira:
I request that your department reevaluate your decision re. Illinois Power Co. et al that was regis,tered in the Federal Register on Sept.
13, 1985 to the effect that you found no significant antitrust changes which would necessitate a formal operating licence antitrust review of the Clinton Unit 1 Power Station.
I have been studying the Clinton' situation for three years in various capacities; please see enclosures of my testimony befo,re the ICC on ept. J2, 1984 and the oral statement that I delivered on June 18, 1985. In addition, I have posted to your office a xeroxed copy of the complete study that I conducted--which is referred to in the aforementioned testimony. These documents summarize my understanding of the situation as of June.
Since June, evidence has come to ny attention which indicates that the coops are in dire fiscal crises--I have no hard facts in my hands to that effect, but know that others do.
It is highly likely that one or more of the 22 distribution coops will go into a chapter 11 bankrupcy soon--and perhaps even WIPCO, since three of the seven coop boards now have a near majority of board members that were elected this summer of 1985 on an anti-rate / anti-Clinton slate.
In essence, the economic situation re. Clinton is in shambles. The October 1984 accord between the coops and IP will be vigorously challenged by myself and others in the ICC docket 84-0472 which is in process. We, the nember-owner's of the 22 distribution coops, are being constrained to participate in an-power purchase agreement with WIPCO and Soyland--who are locked into an 111 fated investment in the Clinton plant. The Oct.
1984 accord hurts both IP and coop customers; IP customers have to assume more of the capital costs for Clinton and the coop customers have to pay more for the fewer kw that we will get for Clinton electricity as our percentage of ownership decreases.
I urge you to investigate the financial records of all 22 distribution coops and WIPCO and Soyland before you rule that indeed the competitive climate has not changed in Illinois re. IP and Clinton. In a few months, some of the coops may sell out to investor-owned utilities, go into chapter 11, and/or reorganize themselves into new entities. All of these activities will effect IP's fiscal status re. Clinton.
I,therefore, urge that you review your decision in this case. I remain 4
available to work further on this issue as seems appropriate.
M OilOl % A.,A.
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Enclosures:
Sept. 12, 1984 and June 18, 1985 ICC testimony of Batz.
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