Wednesday, June 26, 2013

Benefits of Nuclear Power

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

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