ML20149E923
| ML20149E923 | |
| Person / Time | |
|---|---|
| Issue date: | 07/10/1997 |
| From: | Hoyle J NRC OFFICE OF THE SECRETARY (SECY) |
| To: | Callan L NRC OFFICE OF THE EXECUTIVE DIRECTOR FOR OPERATIONS (EDO) |
| References | |
| FRN-61FR49711, REF-10CFR9.7, RULE-PR-50 SECY-97-117-C, NUDOCS 9707210129 | |
| Download: ML20149E923 (2) | |
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%**, UNITED STATES a..................a.oes RELEASED TO THE PDP*
!" "o' - NUCLEAR HEGULATORY COMMISSIOf4 WASHINGTcN, D C. 20555-0001 ;
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e date o%, %***/ July 10, 1997
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.............. .......a e OFFICE OF THE SECRETARY MEMORANDUM TO: L. Joseph Callan Exec i Di ector for Operations fo -
FROM: Jo , ' . Hoy , Secretary
SUBJECT:
S FF REQUIREMENTS - SECY-97-117 - FINAL POLICY STATEMENT ON RESTRUCTURING AND ECONOMIC DEREGULATION OF THE ELECTRIC UTILITY INDUSTRY The Commission has approved issuance of the final policy statement subject'to the changes to the Federal Register notice listed below. The following revisions are provided to address the Commission decisions in SECY-97-102, on securitization and the Commission's regulatory authority on determining the rate of accumulation of decommissioning funds.
- 1. On page 8, at the end of the first full paragraph, add:
"Also independently of economic deregulation, the NRC is striving to make its regulatory program as efficient and effective as possible - through use of risk anallisis and other techniques - so that the esources of the agency and of licensees are devoted to the most safety-significant matters."
- 2. On page 8, delete the first sentenco in the second full paragraph, "The NRC will consider evaluating FAA's !
experiences for lessons learned."
- 3. On page 11, revise the fourth sentence to read: "The ,
NRC will be f somXths evaluatEleg sprop6 additional rulemaking,khncesepardte sed ? rolemakih5T6Witihsdcis1Ns sli ;
requirement'siforsdecommissiodin@slificationF16~detishnihb~nhsther enhan c emehtis " E6"l'Es ~ f inshdi'dl~qu requirements are necessary in anticipation that some e6 gq))
4t-e power reactor licensees will no longer be " electric utilities."
idhh3lMl ,9 SECY NOTE: THIS SRM, SECY-97-117, AND THE COMMISSION VOTING RECORD CONTAINING THE VOTE SHEETS OF ALL COMMISSIONERS WILL BE MADE PUBLICLY AVAILABLE 5 WORKING DAYS FROM THE DATE'OF THIS'SRM.
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- 4. On page 11, in the fifth sentence, reference to the
" action plan" should be removed or it should indicate how the public may. access the action plan.
- 5. On page 12, revise the first two sentences of the first full paragraph to read: "With respect to the issue of dechsmissioningYand stranded costs, t-he-NRC dccc not M~ Md'EEM hun -MM = An Nm or frc. whom cuch coctc chould be collccted. Strcnded coct rcccvery_.ic the prcvince Of Stctc cnd I'cdcrci rcte repictors manyfinitesisisi^cunsiderihgiissbusifisst?i65 is sa766n~ b9passablei charge $machanissit6% fund! ths ~~~
red 6verylof4descamis'si6ninhand f 6ths$stisdiedf66sEsk ThehNRCebelievesMthat$securitizationiha'sith6Epotintial" ^
toissovidsYaniseceptabl4?inethod!6fidebbastissiosincJ f unding %assurancsN alEhough46thsEsinschani'smes thatr involvefnon@bypassAble}chargestmap@rovidescdepaka.bls.
levelsloftassuranceTand?shouldtnotibe7excludsd$from~
c6nsiddration3bynStateiauthorities7 "Ths'isst!'Eso" senteridss"in 'thelaIAghaph"'bhould be deleted.
- 6. On page 12, last line, replace ' retrospective' with
' deferred.'
- 7. On page 23, line 12, delete the word 'primarily' and add an 's' to ' area.' In line 13, delete the period and the remainder of the line through and including the word 'about' in the next line and insert the word
'and.'
- 8. On page 27, at the end of the second full paragraph, add 'However, the Commission also reserves the flexibility to take appropriate steps in order to assure a licensee's adequate accumulation of decommissioning funds.'
(EDO) (SECY Suspense: 8/29/97) cc: Chairman Jackson Commissioner Dicus Commissioner Diaz Commissioner McGaffigan OGC CIO CFO OCA OIG Office Directors, Regions, ACRS, ACNW, ASLBP (via E-Mail)
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