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ARTICLE · 17 APRIL 2015

FERC Sets Ginna Nuclear Facility Agreement For Hearing

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The Federal Energy Regulatory Commission (FERC or Commission) continues to look askance at utility requests for guaranteed income streams for their generation resources.

United StatesEnergy and Natural Resources
Duane Morris
Duane Morris
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The Federal Energy Regulatory Commission (FERC or Commission) continues to look askance at utility requests for guaranteed income streams for their generation resources. Most recently, R.E. Ginna Nuclear Power Plant, LLC (Ginna) received a lukewarm reception to its request to establish a rate schedule and guaranteed revenue stream for its nuclear facility located near Rochester, New York. On February 13, 2015, Ginna filed with the FERC a Reliability Support Services Agreement (Agreement)[1] between Ginna and the local electric utility, Rochester Gas and Electric Corporation (RGE), the purpose of which is to stave off the retirement of the Ginna facility to ensure its continued operation for reliability purposes.

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