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Re: “Ginna's future in jeopardy

Good article! Deregulation precipitated this problem because the private sector has no responsibility to look forward and set aside the necessary resources to ensure safe and reliable electric service. Pre-deregulation, that was a large part of the PSC's responsibility. They had 8 entities to oversee, now there are many more. There are only 7 local distribution companies who we pay that the PSC can affect. NY hydro units are limited due to supply and there aren't enough economical options for more. The well to do have eliminated a wind option in Lake Ontario and other locations. It is true Ginna's value can never go to $0 so long as there is no countrywide long term waste repository. A very thorny problem where none of the players will be satisfied with the solution.

4 likes, 2 dislikes
Posted by CL on 10/01/2014 at 4:06 PM

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