Skip to main content

Posts

Showing posts with the label Marv Fertel

NEI Expresses Sorrow in Wake of Paris Attacks

This week, NEI's President and CEO Marv Fertel expressed his deepest sympathies regarding the tragic attacks in Paris. Here is his letter to members: I join my colleagues here at NEI and throughout the NEI membership in expressing our deep sadness over the senseless loss of life in last week’s terrorist attacks in Paris. We extend our sympathy to you, your countrymen and your colleagues. Truly, none of us in this industry are untouched. We know this tragedy strikes our colleagues and friends at Electricite de France particularly hard, with the loss of Electrical Engineer Juan Alberto Gonzalez . Clearly his work, talent and spirit will be missed, both at EDF and the International Youth Congress. We are indeed one community in the nuclear energy industry, and each of us shares this loss and stands with you. Our industry has a great legacy of achievement working with its many French colleagues. Through that, we have experienced great resilience and commitment. This will truly ...

NEI's Marv Fertel on Nuclear Science Week

With Nuclear Science Week in full swing, NEI's Marv Fertel passed along some thoughts: NEI is proud to support Nuclear Science Week. Thanks to nuclear science, the world has enjoyed the benefits of clean air energy, explored the far reaches of space and expanded the boundaries of medicine. As teachers introduce a new generation of students to nuclear technologies this week, one wonders what incredible new innovations we will enjoy in the future thanks to their efforts. For more on Nuclear Science Week, please follow our friends via their Twitter feed, @NuclearSciWeek , as well as NEI's Elizabeth McAndrew-Benavides .

NEI Launches "Future of Energy" Campaign

Marv Fertel The following is a guest post from NEI’s President and CEO, Marv Fertel. By its very nature, diversity is an attribute that we desire.  Regardless of whether it’s the diversity of ideas, the colleagues with whom we work, or the options in any given strategy, diversity should be championed. On the concept of diversity, most people ”get it,” but few recognize when we are on a path to lose it. Such is the case in the electric sector. Many energy leaders from the Department of Energy, state public utility commissioners and other regulators only recently have begun to recognize the potential erosion of diversity in our electric supply system. This is due to the closure of base load power plants, including significant coal-fired production. Four nuclear reactors have shut down in the past year and others are at risk in competitive markets that have become skewed by layers of policy decisions.  Maintaining diversity of supply is a theme of a new NEI campa...

Carbon-Free Nuclear Energy Must Play Strong Role to Achieve U.S. Climate Goals, NEI Says

Marv Fertel Following is a statement regarding President Obama’s plan to address climate change and control carbon emissions by the Nuclear Energy Institute’s president and chief executive officer, Marvin Fertel : “The strength of America’s electric system is diversity of technologies and fuel types. When it comes to reducing the U.S. electric sector’s greenhouse gas emissions, efforts can succeed only if carbon-free nuclear energy plays a larger role in the nation’s electricity mix. That’s not simply the opinion of our industry. It is the determination made by several independent organizations that analyzed the leading climate change bills pending in Congress some five years ago when prospects for enacting legislative measures to curb greenhouse gas emissions appeared to have momentum. These include the Environmental Protection Agency and the Energy Information Administration, which found that between 69 and 187 new nuclear energy facilities would be needed to meet the bills’ ...

Nuclear Energy’s Storied History and Bright Future

The following is a guest post from NEI’s President and CEO, Marv Fertel. Marv Fertel This year is the 60th anniversary of President Eisenhower’s famous “ Atoms for Peace ” speech at the United Nations. It also is the 60th anniversary of the Nuclear Energy Institute (NEI) which began its existence on April 10, 1953 as the Atomic Industrial Forum (AIF). Through its 26 founding members, AIF became the organization that launched the U.S. nuclear industry as it worked to bring the commercial uses of nuclear energy and nuclear materials to benefit America and the rest of the world. We can thank the visionary leaders over the early years, leaders like John Simpson of Westinghouse , Bert Wolfe from General Electric , Jim O’Connor from Commonwealth Edison and many others who guided the industry through tremendous research, technology advancement and promise. During this time, the Atomic Energy Commission (AEC) played a dual role as both advocate and supporter of technology de...

NEI CEO Marv Fertel: America's Reactors Safe Under Jaczko Term as NRC Chair, Still Safe Today

Marv Fertel The following statement can be attributed to Marv Fertel, NEI's President and CEO. The entire statement was provided to Matt Wald of the New York Times in response to comments made yesterday in Washington by former U.S. NRC Chairman Greg Jaczko: “U.S. nuclear energy facilities are operating safely. That was the case prior to Greg Jaczko’s tenure as Nuclear Regulatory Commission chairman. It was the case during his tenure as NRC chairman, as acknowledged by the NRC’s special Fukushima response task force and evidenced by a multitude of safety and performance indicators. It is still the case today, particularly as every U.S. nuclear energy facility adds yet another layer of safety by implementing lessons learned from the Fukushima Daiichi accident. “The greatest safety improvement to protect against extreme events, regardless of their cause, comes from the FLEX response strategy that the industry began implementing last year. The heart of this effort is adding mo...

NEI Comments on Renomination of Allison Macfarlane to the NRC

Marv Fertel Nuclear Energy Institute president and chief executive officer Marvin Fertel issued the following statement regarding President Obama’s renomination of Allison Macfarlane as chairman of the U.S. Nuclear Regulatory Commission : “Just this week, with the Nuclear Regulatory Commission’s most recent vote on post-Fukushima safety enhancements, we witnessed the importance of having a fully staffed, collegial NRC commission. The NRC has a unique safety mission in America, and maintaining its full complement of five commissioners of distinct and diverse viewpoints is central to fulfilling that mission. “In her brief tenure as NRC chairman, Allison Macfarlane has achieved notable progress in returning a climate of collegiality within the commission. The nuclear energy industry commends her for this and supports the president’s effort in seeing the chairman continue in her leadership role.” Click here to read NEI's previous statement when Macfarlane was first nominated...

Guest Post: Nuclear Energy’s Value Proposition Still Strong, Will Reassert Itself in Next Decade

J. Scott Peterson The following guest post was written by J. Scott Peterson, NEI's senior vice president, communications. NEW YORK CITY—Despite challenging electricity markets and natural gas prices at a 13-year low, industry leaders are confident in the long-term prospects for nuclear energy and its contributions to the electricity mix and U.S. economic growth. On average, America’s 104 commercial reactors are the most efficient power producers on the grid—operating at 86 percent capacity factor. Capacity factor is a measure of efficiency, with a 100-percent rating equaling full power production 24/7, 365 days. Absent reactors in California, Florida and Nebraska that have been closed virtually all year for extended maintenance, the capacity factor at the other 100 reactors was just shy of 90 percent. “We continue to invest in these facilities to preserve their asset value,” NEI President and CEO Marv Fertel told nearly 200 financial analysts and journalists at the Insti...

Guest Post: Advancing Nuclear Energy Innovation, Technology

AREVA CEO Mike Rencheck (right), along with MOX Services Executive Vice President and Deputy Project Manager Steve Marr (center), answer questions about the Mixed Oxide (MOX) Fuel Fabrication Facility for NEI President and CEO Marv Fertel (left). Yesterday, a group of NEI executives led by our President and CEO Marv Fertel , traveled to the Savannah River Site in South Carolina to personally see the progress being made on the construction of a nuclear fuel fabrication facility that will be jointly managed by the Shaw Group and AREVA. Once construction is complete, the facility will begin to mix weapons grade plutonium with uranium -- a process that will eventually eliminate 68 metric tons of weapons grade plutonium from U.S. and Russian stockpiles. NEI Senior Vice President Scott Peterson, who accompanied Fertel on the tour, provided us with the following report. Nearly 60 years ago, the U.S. government began production at its first reactor at the government’s sprawling S...

NEI's Marv Fertel on Where the Industry Stands on Used Nuclear Fuel

Today at the National Journal 's Energy Experts Blog , the magazine is taking a closer look at how the nation will have to confront the issue of long-term storage of used nuclear fuel : What safety, environmental, and economic factors should Washington consider as it debates the future of its nuclear-waste policy? Should Yucca Mountain be revived, or should Congress stop debating that repository site once and for all? How does the uncertain future over spent fuel affect the nation's dependence on nuclear power, which provides the nation with 20 percent of its electricity? Marv Fertel, NEI's President and Chief Executive Office, has posted a response . Here's an excerpt: The nuclear energy industry agrees with many of the common-sense recommendations in the Blue Ribbon Commission’s final report, which was developed after nearly two years of fact-finding, public interaction and intense study. In particular, three proposals should be given high priority: prompt effo...

Bad News, Good News

Let’s start with the bad: The Minnesota House has rejected an effort to lift the state's ban on new nuclear power plants. Lawmakers voted 70-62 today to uphold a 1994 moratorium on the construction of nuclear facilities. The vote was an amendment to an energy policy bill. We wrote about this the other day, so thought it only fair to conclude the story – for now, anyway. Minnesota is one of the last states with such a ban in place and lifting it had seemed a near thing. Well, there’s always next year. And next year will bring a new governor. We already know that current Gov. Tim Pawlenty, who is not running for a third term, supports lifting the ban – and so do two of the three Republicans running in the primary: The leading contenders for the Republican nomination -- state Reps. Tom Emmer and Marty Seifert -- both support lifting the state's ban on nuclear power. The third Republican contender, Leslie Davis, does not. Among the nine Democrats over in ...

NEI Executives on Clean Skies TV

Last night, our CEO Marv Fertel discussed a number of nuclear topics with Clean Skies TV's Tyler Suiters . Several of the topics mentioned include loan guarantees, a Clean Energy Deployment Administration , and decreasing from 10 years to 6 years the time it takes to get a plant online through regulatory efficiencies. Plus, he hints at which nuclear station he thinks will be the first one built by 2016 under the NRC’s new regulatory process. A portion of Marv’s segment will be broadcast on Clean Skies Sunday this Sunday on WJLA, Channel 7 at 9:30 a.m.   As well, NEI’s Communications VP, Scott Peterson, joined Clean Skies TV over the past weekend to “discuss Energy Secretary Steven Chu's new Blue Ribbon Panel and how it could affect the NRC and nuclear power.” Hope you enjoy!

From a Position of Strength: NEI on the Energy Bill

We’d be remiss not to note an exceptionally good op-ed from NEI’s President and CEO, Marv Fertel, over at the Hill . He actually returns focus to the energy bill, which has been hibernating after passing the House while health care took center stage, and proposes some ideas that bolster the nuclear energy industry without breaking the bank at Monte Carlo. The timing’s about right – energy will return to view in the next few weeks – so let’s look at the bullet points: • Ensure that the volume of loan guarantees available for new reactors is comparable to other carbon-free electricity sources and refining the Department of Energy loan guarantee program in key areas that are slowing implementation of the program; • Provide new tax stimulus for investment in new nuclear energy facilities, new nuclear component manufacturing and workforce development; • Expand the existing production tax credit to all new reactors that produce electricity by 2021; • Reduce the time to mark...

Mr. Fertel Goes to Washington [Times]

Wednesday morning, NEI's president and CEO Marv Fertel sat down for a Newsmaker interview with Amanda DeBard, a reporter from The Washington Times . Her article, Nuclear chief says Obama shuns science , is now available online here . (Shameless self-promotion alert: followers of NEI's Twitter feed were already aware of this .) Fans of YouTube/Those who dislike the written word, can view clips of the Q&A below. On the science behind Yucca Mountain: On spent fuel storage:

Experts Weigh In On How The U.S. Should Handle Its Commercial Nuclear "Waste"

The National Journal's energy blog is asking " How Should America Handle Its Commercial Nuclear Waste? " So far, four experts have weighed in: Chuck Gray from the National Association of Regulatory Utility Commissioners , David Kreutzer from the Heritage Foundation , Thomas Gibson from the American Iron and Steel Institute , and NEI's new CEO Marv Fertel . Here's what Marv had to say: Since Congress passed the Nuclear Waste Policy Act in 1982, our nation has been pursuing a path for the ultimate disposal of used nuclear fuel using a once-through fuel cycle. Given the clear need for expansion of nuclear energy programs in the United States and worldwide, the nuclear industry proposed two years ago that our nation should revisit the decision to use a once-through fuel cycle. Instead, we should pursue a closed fuel cycle that includes recycling. This integrated approach includes at-reactor storage, private sector or government-owned centralized storage, research a...

NEI Statement on GNEP Announcement

On Sunday, September 16, 11 new nations became part of the Global Nuclear Energy Partnership at a meeting in Vienna, Austria . The following is an official statement from Marv Fertel, NEI's Senior Vice President and Chief Nuclear Officer concerning that announcement: For more on GNEP, click here .