Listen to the SACE-hosted phone-based news conference from October 14, 2009 where SACE staffer Sara Barczak along with experts Mark Cooper and Peter Bradford discussed why the Florida Public Service Commission (PSC) should reject its staff recommendations that would allow FPL and Progress Energy to charge their customers in advance to pay for building unlicensed nuclear reactors.
Mark Cooper, senior fellow for economic analysis at the Institute for Energy and the Environment at Vermont Law School presented a new Florida-specific analysis showing that Progress and FPL are “betting the farm” on new reactors by gambling on overpriced, excess capacity that could turn out to be an economic disaster for the companies and the Florida ratepayers who would be left holding the bag. Cooper provided testimony for SACE during the PSC proceedings on the new reactors.
Former Nuclear Regulatory Commission (NRC) member Peter Bradford, an adjunct professor at Vermont Law School also participated. He served as chair of the New York and Maine utility commissions, and advised many states on utility restructuring issues. Bradford also testified in the early cost recovery case before the FL PSC for one of Progress Energy’s largest industrial users.
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