Skip to main content

President Bush Addresses NEA 2006

Click here for the video. Here's the transcript:
I am grateful to Tony Earley [chairman and CEO, DTE Energy and chairman of the board, Nuclear Energy Institute] and Admiral Skip Bowman [president and CEO] of the Nuclear Energy Institute for hosting this annual assembly. I appreciate the opportunity to address so many leaders in the field of nuclear energy.

We are entering a time of great promise. Our economy is creating new jobs. It is also creating new demands for energy. Our electricity demand is projected to increase nearly 50 percent over the next 25 years.

America needs domestic sources of clean, affordable electricity, and that is why I strongly support nuclear power.

America’s 103 nuclear power plants now account for about 20 percent of our nation’s electricity, more than any other source except for coal. And those plants generate safe, reliable power without producing any air pollution or greenhouse gases.

There is a growing consensus that nuclear power is a key part of a clean, secure energy future.

America has not ordered a nuclear power plant in decades. France by contrast has built 58 plants since the 1970s and now gets 78 percent of its electricity from nuclear power.

To maintain our economic leadership and strengthen our energy security, America must start building nuclear power plants.

My Administration has taken action to encourage greater use of nuclear energy:
• We launched the Nuclear Power 2010 initiative – a partnership between government and industry to facilitate new plant orders.
• I directed the Nuclear Regulatory Commission to streamline licensing for new plant construction.
• I proposed legislation to move forward with licensing, construction and operation of a nuclear storage site at Yucca Mountain [Nevada].
• And I signed an energy bill that provides loan guarantees, production tax credits and federal risk insurance for the builders of new nuclear plants.

All of these steps are aimed at an important goal – America will start building nuclear power plants again by the end of this decade

In my State of the Union address this year, I laid out an Advanced Energy Initiative. It will expand the use of clean alternatives to fossil fuels, including nuclear power.

One of the most innovative parts of this initiative is the Global Nuclear Energy Partnership. Through this partnership, America and other nations with civilian nuclear programs will help developing countries meet their energy needs with nuclear power.

We’ll collect spent nuclear fuel from these developing countries, which will greatly reduce the risk of proliferation. And we’ll create new methods to reprocess spent nuclear material into a fuel for advanced reactors here at home.

This will allow America and the world to produce more electricity from nuclear power, to rely less on fossil fuels and reduce the amount of nuclear waste that needs to be stored.

I’m optimistic about the future of nuclear energy. Your industry has come a long way in recent decades, and I’m confident that even greater progress lies ahead.

By expanding our use of nuclear power, we can make our energy supply more reliable, our environment cleaner and our nation more secure for future generations.

Thank you for the chance to speak to you today and enjoy the rest of your assembly. May God bless you all.
More later, including embedded video.

Technorati tags: , , , ,

Comments

Paul Primavera said…
Amen, Mr. President!

Popular posts from this blog

Missing the Point about Pennsylvania’s Nuclear Plants

A group that includes oil and gas companies in Pennsylvania released a study on Monday that argues that twenty years ago, planners underestimated the value of nuclear plants in the electricity market. According to the group, that means the state should now let the plants close.

Huh?

The question confronting the state now isn’t what the companies that owned the reactors at the time of de-regulation got or didn’t get. It’s not a question of whether they were profitable in the '80s, '90s and '00s. It’s about now. Business works by looking at the present and making projections about the future.

Is losing the nuclear plants what’s best for the state going forward?

Pennsylvania needs clean air. It needs jobs. And it needs protection against over-reliance on a single fuel source.


What the reactors need is recognition of all the value they provide. The electricity market is depressed, and if electricity is treated as a simple commodity, with no regard for its benefit to clean air o…

How Nanomaterials Can Make Nuclear Reactors Safer and More Efficient

The following is a guest post from Matt Wald, senior communications advisor at NEI. Follow Matt on Twitter at @MattLWald.

From the batteries in our cell phones to the clothes on our backs, "nanomaterials" that are designed molecule by molecule are working their way into our economy and our lives. Now there’s some promising work on new materials for nuclear reactors.

Reactors are a tough environment. The sub atomic particles that sustain the chain reaction, neutrons, are great for splitting additional uranium atoms, but not all of them hit a uranium atom; some of them end up in various metal components of the reactor. The metal is usually a crystalline structure, meaning it is as orderly as a ladder or a sheet of graph paper, but the neutrons rearrange the atoms, leaving some infinitesimal voids in the structure and some areas of extra density. The components literally grow, getting longer and thicker. The phenomenon is well understood and designers compensate for it with a …

A Billion Miles Under Nuclear Energy (Updated)

And the winner is…Cassini-Huygens, in triple overtime.

The spaceship conceived in 1982 and launched fifteen years later, will crash into Saturn on September 15, after a mission of 19 years and 355 days, powered by the audacity and technical prowess of scientists and engineers from 17 different countries, and 72 pounds of plutonium.

The mission was so successful that it was extended three times; it was intended to last only until 2008.

Since April, the ship has been continuing to orbit Saturn, swinging through the 1,500-mile gap between the planet and its rings, an area not previously explored. This is a good maneuver for a spaceship nearing the end of its mission, since colliding with a rock could end things early.

Cassini will dive a little deeper and plunge toward Saturn’s surface, where it will transmit data until it burns up in the planet’s atmosphere. The radio signal will arrive here early Friday morning, Eastern time. A NASA video explains.

In the years since Cassini has launc…