Thursday, February 02, 2006

NEI Wall Street Briefing

This morning in New York, Tony Early, Chairman and CEO of DTE Energy as well as Chairman of NEI's Board of Directors and NEI CEO Skip Bowman delivered the industry's annual Wall Street Briefing (PDF). For those of you looking to develop a better understanding of the industry, the briefing is a good place to start. For the rest of us at NEI, it serves as an important information resource that we rely on throughout the year.

The presentation is broken into three parts: First, there's a discussion of industry performance metrics for 2005; second, a discussion on building new nuclear plants and the reasons for renewed interest in new nuclear build; and finally, a preview of the policy issues the industry will confront in 2006.

Congratulations to the team at NEI that put the briefing together: Richard Myers, Mary Quillian, Elizabeth King, Jim Slider and David Bradish. Great job.

POSTSCRIPT: The news release on the briefing can be found by clicking here.

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1 comment:

Jim Hopf said...

One slide in the briefing contains and error (which should be fixed if it is to be used again). It made reference to clean (IGCC) coal with sequestration (at a cost of $55/MWh, I believe). This cost, which was only slightly higher than that shown for conventional (dirty) coal, clearly corresponds to IGCC coal WITHOUT sequestration (of CO2).

As far as what coal with full squestration of CO2 would cost, the sky's the limit. I haven't been convinced (yet) that it is even practical, let alone remotely economical.