Despite current policy and economic challenges, nuclear’s future remains bright

On August 27, I stood in front of small groups of socially distanced employees at our Dresden Generating Station in Illinois, announcing plans for the premature retirement of the nuclear facility next fall. A hundred miles away, our chief operating officer was delivering a similar, equally somber announcement to employees at the Byron Station.
Despite being among the safest, most efficient, and reliable nuclear plants in the nation, Dresden and Byron face revenue shortfalls in the hundreds of millions of dollars because of declining energy prices and market rules that allow fossil fuel plants to underbid clean merchant nuclear resources in the PJM capacity auction, even though there is broad public support for sustaining and expanding clean energy resources to address the climate crisis.



Eric Goldin, president of the
The accounting firm Deloitte on September 21 issued a report on the decarbonization strategies of 22 utilities in the United States.
One essential lesson from the events at Three Mile Island-2 in March 1979 can be summed up in three words: Preparedness takes practice. The emergency response capacity of the Nuclear Regulatory Commission and nuclear plant operators is more than just a set of procedures. Active training and evaluation are required to coordinate effectively with local and state authorities and protect the public in the event of an off-site radiological release.
The International Atomic Energy Agency has just released its latest projections for energy, electricity, and nuclear power trends over the next 30 years. Compared with the previous year, the new projections are largely unchanged.