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  5. 78 N.Y.2d 398 (1991)
 

CITIZENS FOR ENERGY v. CUOMO

78 N.Y.2d 398 (1991)

In the Matter of Citizens for an Orderly Energy Policy, Inc., et al., Appellants, v. Mario M. Cuomo, as Governor of the State of New York, et al., Respondents, and Public Service Commission of the State of New York, Intervenor-Respondent. (Proceeding No. 1.) In the Matter of J. Kenneth Dollard et al., Appellants, and United States of America, Intervenor-Appellant, v. Long Island Power Authority et al., Respondents. (Proceeding No. 2.) In the Matter of Nassau Suffolk Contractor's Association, Inc., et al., Appellants, v. Public Service Commission of the State of New York et al., Respondents. (Proceeding No. 3.)

Court of Appeals of the State of New York.

Decided October 22, 1991.

Attorney(s) appearing for the Case

J. Scott Greer and Lou Lewis for appellants in proceeding No. 1.

Martin S. Kaufman, Douglas Foster and Malcolm Wilson for appellants in proceeding No. 2.

Lou Lewis, Michael J. Englert and Kenneth F. Peshkin for appellants in proceeding No. 3.

Jacob M. Lewis, Stephen A. Wakefield, Marc Johnston, Percy H. Russell, Jr., Stuart M. Gerson, Frederick J. Scullin, Jr., and Leonard Schaitman, of the District of Columbia Bar, admitted pro hac vice, for intervenor-appellant in proceeding No. 2.

Robert Abrams, Attorney-General (Samuel A. Cherniak, O. Peter Sherwood, John W. Corwin, James Sevinsky, Charlie Donaldson and Leslie Allan of counsel), for Mario M. Cuomo, respondent in proceedings Nos. 1 and 2.

George A. Zimmerman and Stanley B. Klimberg for Long Island Power Authority, respondent in proceedings Nos. 1 and 2.

Wendy M. Lane, Arthur T. Cambouris and Charles M. Pratt for Power Authority of the State of New York, respondent in proceedings Nos. 1 and 2.

Richard A. Rapp, Jr., and Victor A. Staffieri for Long Island Lighting Company, respondent in proceedings Nos. 1, 2 and 3.

Lawrence G. Malone, William J. Cowan, Eleanor Stein and Jonathan D. Feinberg for Public Service Commission, intervenor-respondent in proceeding No. 1 and respondent in proceedings Nos. 2 and 3.

Chief Judge WACHTLER and Judges SIMONS and KAYE concur with Judge BELLACOSA; Judge HANCOCK, JR., dissents and votes to reverse in a separate opinion in which Judges ALEXANDER and TITONE concur.

BELLACOSA, J.

The fundamental fulcrum of this case is the validity of the February 1989 "Settlement Agreement", providing essentially for the Long Island Power Authority (LIPA) to acquire the Long Island Lighting Company's (LILCO) Shoreham Nuclear Plant and to close that plant. We affirm the lower courts' determinations unanimously upholding the Agreement against a host of challenges.

I. SHOREHAM

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