“Nuclear Plants, Old and Uncompetitive, Are Closing Earlier Than Expected” (Business Day, June 15) did not mention key factors regarding the United States nuclear energy industry.
Regardless of their age, all nuclear energy facilities are required to
be maintained in top condition. Since 1990, the nuclear energy industry
has invested more than $90 billion in capital expenditures to improve
and upgrade facilities. Those improvements have helped yield a 33
percent increase in nuclear-generated electricity production over that
period.
The Energy Information Administration forecasts that electricity demand
will increase 28 percent by 2040, the equivalent of 339 new large power
plants. Meeting that demand with low-carbon electricity sources requires
recognition of nuclear energy’s many attributes. These include
round-the-clock production of large amounts of electricity to help
stabilize the electric grid; clean-air compliance; forward electricity
price stability; fuel and technology diversity; and high-paying jobs at
facilities that can withstand extreme natural and man-made events.
MARVIN S. FERTEL
President and Chief Executive
Nuclear Energy Institute
Washington, June 19, 2013
President and Chief Executive
Nuclear Energy Institute
Washington, June 19, 2013
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