ML20141B078
| ML20141B078 | |
| Person / Time | |
|---|---|
| Issue date: | 04/29/1997 |
| From: | Bangart R NRC OFFICE OF STATE PROGRAMS (OSP) |
| To: | Pamela Lee FLORIDA, STATE OF |
| Shared Package | |
| ML20141B082 | List: |
| References | |
| NUDOCS 9705150120 | |
| Download: ML20141B078 (2) | |
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g._ , 'APR 2 % 1997 Ms. Pat Lee Utility Communications Systems Engineer Supervisor Division of Auditing and Financial Analysis Florida Public Service Commission 2540 Shumard Oak Boulevard Tallahassee, Florida 32399-0865
Dear Ms. Lee:
This is in response to your April 16,1997 letter to the U.S. Nuclear Regulatory Commission (NRC) concerning a survey of utility commissions relating to the issue of stranded investment. As Chair of the National Association of Regulatory Utility Commissioners (NARUC) Staff Subcommittee on Depreciation, you indicated the Staff Subcommittee's intention is to prepare a paper which will explore various definitions of stranded investment, how stranded investment occurs, how to quaisiiiy strandad investment, and possible methods of recovery. You requested the NRC to respond to a survey to assist the Staff Subcommittee in this effort.
As you know, the NRC is not an economic or rate regulator. As such, most of the questions in the survey are not applicable to NRC's public health and safety mission.
Spiros Droggitis of my staff has discussed this with you. I am enclosing several documents in response to your request for any additional information which may be helpful to the Staff Subcommittee's research. Included are a recent speech from NRC Chairman Shirley Ann Jackson on " Nuclear Energy and Economic Competition: The NRC Perspective," the Commission's Draft Policy on the Restructuring and Economic Deregulation of the Electric Utility industry (61 FR 49711) and some additional background on electric utility industry deregulation and the decommissioning of nuclear power plants.
I trust you will find this information helpful. If you have additional questions, you may contact me or Mr. proggitis at (301) 415-2367.
Sincerely, cricinalshned By RfCHARD L. BANGART Richard L. Bangart, Director Office of State Programs
Enclosures:
As stated Distribution:
DIR RF (7E285) DCD (SPO6) ED0(G970285)
NARUC Fi!e_ 1PDR (YESf) CRC-97-0369(SECY)
DOCUMENT NAME: G:\SCD\ LEE.SCD
(
1 To receive a copy of this document, indicate in the box: "C* = Copy without atta lhe "E" e Copy with attachmentjpnclosure "N" = No copy OFFICE p OSP OSP:DD l @ \ l OSP:Df /'(/
NAME SDroggitis:gd PHLohaus psiv DMatth4ws RLBangart' ' "
DATE 04/]g/97 04/d/97 P4 04/'ff/97 04)fl/97 OSP FILE CODE: SP-N-2 9705150120 970429 PDR STPRG ESGFL PDR m g 3] r
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g 'f UNITED STATES s j NUCLEAR REGULATORY COMMISSION
! WASHINGTON. D.C. 20065-0001
"% # April 29, 1997 Ms. Pat Lee Utility Communications Systems ,
, Engineer Supervisor l 4
Division of Auditing and Financial Analysis Florida Public Service Commission 2540 Shumard Oak Boulevard Tallahassee, Florida 32399-0865 l
- I i
Dear Ms. Lee:
l This is in response to your April 16,1997 letter to the U.S. Nuclear Regulatory Commission (NRC) concerning a survey of utility commissions relating to the issue of ;
stranded investment. As Chair of the National Association of Regulatory Utility Commissioners (NARUC) Staff Subcommittee on Depreciation, you indicated the Staff j 4
Subcommittee's intention is to prepare a paper which will explore various definitions of stranded investment, how stranded investment occurs, how to quantify stranded
, investment, and possible methods of recovery. You requested the NRC to respond to a survey to assist the Staff Subcommittee in this effort.
As you know, the NRC is not an economic or rate regulator. As such, most of tha questions in the survey are not applicable to NRC's public health and safety mission.
Spiros Droggitis of my staff has discussed this with you. I am enclosing several i
documents in response to your request for any additional information which may be helpful to the Staff Subcommittee's research. Included are a recent speech from NRC Chairman Shirley Ann Jackson on " Nuclear Energy and Economic Competition: The NRC Ferspective," the Commission's Draft Policy on the Restructuring and Economic Deregulation of the Electric Utility industry (61 FR 49711) and some additional background on electric utility industry deregulation and the decommissioning of nuclear power plants.
I trust you will find this information helpful, if you have additional questions, you may contact me or Mr. Droggitis at (301) 415-2367.
4 Sincerely,
( G4 di Richard L. Bangart, Director Office of State Programs
Enclosures:
As stated