NEI’s Fertel Says Nuclear Energy’s Future Is Bright

[NukeWorkers News Team]

NEI's Fertel Says Nuclear Energy's Future Is Bright

Nuclear energy has a strong future, even if its U.S. present is challenging in some regions, Nuclear Energy Institute President and Chief Executive Officer Marvin Fertel believes.

Source: NEI's Fertel Says Nuclear Energy's Future Is Bright

[GLW]

from Fertel (in the article).....

".....I would have thought that the impact of shutting down Kewaunee [in Wisconsin] a couple years ago and then the shutdown of Vermont Yankee would have been a wakeup call to state governors and others that you don't want to let this happen," Fertel said. "For whatever reason, they are being thought about as separate, independent actions...We have a systemic problem that requires urgent attention by those in the states and federal government....."

wake up call?!?!?!?

sorry Fertel ole buddy,...

you thought wrong,...

as long as the other "green" options are being subsidized on the national credit card,...

as long as hydrocarbons in the ground require (far) less capital commitment from those who push electrons through the grid,...as long as the DOE is continues to renege on it's legislated charter and commitments vis a vis long term liability for SNM,...
as long as the national energy policy is a revolving door good ole boy network shoveling grants and awards money into the academics4profit cabals,...

as long short term profitability in an unregulated market trumps widows and orphans stability in a regulated market,...

then commercial nuclear has a severely curtailed market saturation potential,...

currently, I assess commercial nuclear is running at about 115 to 130 percent of market saturation,...

the business model needs to shutdown about 12 to 16 operating reactors in marginal markets to be financially responsible to the stakeholders,...

that's not doom and gloom, it's just responsible business,...

any "Renaissance" depends on policy wonks and market regulation,...

not the businesses running nuclear power plants,...

sorry Fertel, that's just how it is, whether I (or you) agree with current energy policy or not is immaterial,...