U'S' Energy Policy and the Nuclear Renaissance

1
U.S. Energy Policy and the Nuclear Renaissance

• Angelina S. Howard
• Executive Vice President
• Nuclear Energy Institute
• NA-YGN Workshop
• April 30, 2002

2
Record Nuclear Electricity Production Is
Sustainable
(Billions of Kilowatt-hours)
3
Nuclear Plant Efficiency at Record High-Levels

Source NEI
4
Very High Levels of Safety in Nuclear Industry
Industrial Safety Accident Rate (ISAR) Number of
accidents per 200,000 worker hours
Number of accidents resulting in lost work,
restricted work, or fatalities per 200,000
worker-hours Full- time, on- site employees
Sources WANO
and BLS
5
Electricity Production Costs
Nuclear 1.83 Coal 2.07 Oil 3.18 Gas 3.52
11
10
9
Cents/kWh
8
7
6
5
4
3
2
1
0
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
Year
Source UDI for actual data
6
The Appropriate Strategic Response Seamless
Defensive Shield
Federal law enforcement, homeland
security resources
Private sector resources and capability
Military resources
State, local law enforce-ment
7
Yucca Mountain Critical Decisions in 2002

• President recommended Yucca Mountain site based
  on rigorous scientific assessment
• Nevada Objection
• Next Steps
• Simple majority vote in House and Senate
  overrules Nevada objection
• DOE License Application to Nuclear Regulatory
  Commission

8
U.S. Nuclear Plant Performance Sustained High
Levels of Safety
Reactor Oversight Process Key Results
Source U.S. Nuclear Regulatory Commission
9
License Renewal Unlocking Additional Value
Already filedTurkey Point 3,4 North Anna
1,2 Surry 1,2 Peach Bottom 2,3 Catawba
1,2 McGuire 1,2 St. Lucie 1,2 Fort Calhoun
Announced 2002 Robinson 2 Point Beach
1,2 Ginna V.C. Summer
2003 Dresden 2,3 Quad Cities 1,2 Farley
1,2 Arkansas Nuclear One Unit 2 Nine Mile
Point 1,2Cook 1,2 Browns Ferry 2,3
Approved Calvert Cliffs 1,2 Oconee 1,2,3 Arkansas
Nuclear One Unit 1 Hatch 1,2
2004Brunswick 1,2 Beaver Valley
1,2 Davis-Besse Pilgrim Millstone 2,
3 2005 Cooper Susquehanna 1,2 2007 Sequoyah
1,2
10
Life Cycle CO2 Emissionsfrom Sources of
Electricity Generation
g C02 / kWh
Source CRIEPI/Japan
11
Carbon Reductions Nuclear Power Dominates U.S.
Voluntary Program
Industry 5.2
Other Sectors .5
Agriculture Forestry .1
Alternative Energy 22.2

• Carbon emissions avoided by nuclear plants as a
  result of improved performance
• Largest single component of Carbon reductions
  achieved by the U.S. voluntary program

Electric Power (Nuclear) 43.3
Electric Power (Non-nuclear) 28.6
Source Prepared by NEI with EIA Voluntary
Reporting of Greenhouse Gases 2000 data.
12
Significant Increase in Electricity Demand
600,000
500,000
400,000
Megawatts
300,000
200,000
100,000
0
Annual Growth
13
Maintaining Americas Clean Air
14
Vision 2020
In 2020 50,000 megawatts of new nuclear
generating capacity have been added to the grid.
15
Vision 2020
In 2020 Another 10,000 megawatts of capacity
have been added through increased performance and
efficiency at 103 nuclear power plants.
10,000 megawatts from increased efficiency
16
Cumulative Demand For Nuclear Industry Workers
90,000 Total
Other Employers
Nuclear Plants
17
38,000 New Workers Will Be Needed To Replace
Retirees And 48,000 To Replace Other Attrition
18
Worldwide Renaissance of Nuclear Energy
Maintain an absolute commitment to safety
throughout the nuclear industry and we can secure
the promise of nuclear energy for future
generations worldwide.