Skip to main content

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.

Technorati tags: , , , , , , ,

Comments

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.

Popular posts from this blog

Making Clouds for a Living

Donell Banks works at Southern Nuclear’s Plant Vogtle units 3 and 4 as a shift supervisor in Operations, but is in the process of transitioning to his newly appointed role as the daily work controls manager. He has been in the nuclear energy industry for about 11 years.

I love what I do because I have the unique opportunity to help shape the direction and influence the culture for the future of nuclear power in the United States. Every single day presents a new challenge, but I wouldn't have it any other way. As a shift supervisor, I was primarily responsible for managing the development of procedures and programs to support operation of the first new nuclear units in the United States in more than 30 years. As the daily work controls manager, I will be responsible for oversight of the execution and scheduling of daily work to ensure organizational readiness to operate the new units.

I envision a nuclear energy industry that leverages the technology of today to improve efficiency…

Why America Needs the MOX Facility

If Isaiah had been a nuclear engineer, he’d have loved this project. And the Trump Administration should too, despite the proposal to eliminate it in the FY 2018 budget.

The project is a massive factory near Aiken, S.C., that will take plutonium from the government’s arsenal and turn it into fuel for civilian power reactors. The plutonium, made by the United States during the Cold War in a competition with the Soviet Union, is now surplus, and the United States and the Russian Federation jointly agreed to reduce their stocks, to reduce the chance of its use in weapons. Over two thousand construction workers, technicians and engineers are at work to enable the transformation.

Carrying Isaiah’s “swords into plowshares” vision into the nuclear field did not originate with plutonium. In 1993, the United States and Russia began a 20-year program to take weapons-grade uranium out of the Russian inventory, dilute it to levels appropriate for civilian power plants, and then use it to produce…

Nuclear: Energy for All Political Seasons

The electoral college will soon confirm a surprise election result, Donald Trump. However, in the electricity world, there are fewer surprises – physics and economics will continue to apply, and Republicans and Democrats are going to find a lot to like about nuclear energy over the next four years.

In a Trump administration, the carbon conversation is going to be less prominent. But the nuclear value proposition is still there. We bring steady jobs to rural areas, including in the Rust Belt, which put Donald Trump in office. Nuclear plants keep the surrounding communities vibrant.

We hold down electricity costs for the whole economy. We provide energy diversity, reducing the risk of disruption. We are a critical part of America’s industrial infrastructure, and the importance of infrastructure is something that President-Elect Trump has stressed.

One of our infrastructure challenges is natural gas pipelines, which have gotten more congested as extremely low gas prices have pulled m…