NRC sets first public meeting on decommissioning San Onofre nuclear plant
Source: KPCC - Southern California Public Radio
The Nuclear Regulatory Commission announced Thursday it will hold a public meeting September 26 in Carlsbad to talk about the decommissioning process for the San Onofre Nuclear Generating Station in northern San Diego County.
It will be the agency's first public meeting on closing the plant operated by Southern California Edison.
The meeting is scheduled for 6 p.m. at the Omni LaCosta Hotel, 2100 Costa del Mar Road. Doors will open at 5 p.m. to accommodate security screening.
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The California Public Utilities Commission has set an October 1 hearing to determine just how much ratepayers will pay.
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Read more: http://www.scpr.org/news/2013/09/12/39216/nrc-sets-san-onofre-nuclear-plant-meeting-in-carls/
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link: http://www.scpr.org/blogs/environment/2013/08/12/14489/who-s-paying-for-the-san-onofre-nuclear-plant-shut/
Southern California Edison took out full-page ads in local newspapers warning customers that shutting down the San Onofre Nuclear Generating Station may result in “significant” costs that the plant’s designers and insurers won’t pay for. Whether ratepayers are on the hook for those costs is a decision for state regulators. And last week Edison made that argument in hearings.
The ad, which appeared in the OC Register and the LA Times, emphasized the way Edison operates in California. It explained how regulations set rates, allows utilities to recoup actual costs, and limits profit to that which comes from invested capital.
“We thought it was important to make sure our customers know about how the utility business works, and why there is such a thing as ‘cost recovery,’” Southern California Edison President Ron Litzinger said, “so that context can be considered as we go through San Onofre-related regulatory proceedings.”
On a conference call earlier this summer, Edison's CEO, Ted Craver, outlined three categories of costs associated with San Onofre:
Replacing the power that nuclear energy would have provided;
Operations and maintenance for the plant; and
The investment in the plant to date.