![]() ![]() ![]() Or licensee or in the environment in which it operates or expects to operate. To the existing or future utility business, broadly defined, of the public utility ![]() Such research, development, and demonstration costs should be reasonably related This definition includes expenditures for the implementation or development of newĪnd/or existing concepts until technically feasible and commercially feasible operationsĪre verified. Means expenditures incurred by public utilities and licensees either directly or throughĪnother person or organization (such as research institute, industry association,įoundation, university, engineering company or similar contractor) in pursuing research,ĭevelopment, and demonstration activities including experiment, design, installation,Ĭonstruction, or operation. Research, Development, and Demonstration (RD&D) in the case of Major utilities ![]()
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