The U.S. Nuclear Regulatory Commission (NRC) is considering an application from Arizona Public Service Company to approve the indirect transfer of certain licenses for the Palo Verde Nuclear Generating Station. This involves transferring possession-only rights from the Public Service Company of New Mexico to Avangrid Inc., making PNM and its parent company indirect subsidiaries of Avangrid. The NRC assures that the transfer will not impact PNM's responsibilities or the qualifications needed to hold the license. Public comments on the matter must be submitted by February 26, 2021, and anyone interested may request a hearing or petition to intervene by February 16, 2021.
Simple Explanation
The government is thinking about letting a big company change who owns a part of a nuclear power plant, but this doesn't mean the company gets to run it. People can share their thoughts or ask questions about this change by certain dates.