The framework for a WPPSS deal was unveiled.
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The Bonneville Power Administration and the region’s four private utilities announced the framework for a settlement of a $2-billion breach-of-contract suit over the mothballing of a nuclear power project. Under the preliminary agreement, the private utilities will receive power from BPA equal to their investment to date in the Washington Public Power Supply System No. 3 nuclear project. Details of a comprehensive settlement still need to be negotiated, but both parties said the power exchange agreement was the toughest nut to crack.
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