State commission confronts BGE on nuclear decommissioning funds

Published



Funds to decommission the Calvert Cliffs nuclear power plant years from now may fall short of what?s needed, the Public Service Commission?s chairman said Wednesday, requiring a bigger commitment from Baltimore Gas and Electric ratepayers.

But BGE contends that the power plant decommissioning fund is fully funded, much of it from returns on investment of the money already in the fund. BGE claimed those returns exceed the Nuclear Regulatory Commission?s inflation rates for decommissioning the plants.

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