Commentaries cover nuclear economics, the nuclear industry, the electricity industry, and related topics.

Join here for email updates. Send comments.

The Japan Atomic Industrial Forum (JAIF) translates NECG Commentaries into Japanese. Many thanks to my friends and colleagues at JAIF!

#32 – Market Failure – the Book

Nuclear power is too important to be left to the market. During the COVID-19 pandemic, I completed a book on nuclear power market failure. Market Failure – Market-Based Electricity is Killing Nuclear Power, was released in January 2021. The book includes information on the nuclear power and

Read more

#31 – Time to rethink renewable subsidies

C#31 Ivanpah, NECG

Government energy subsidies are standing in the way of a clean US electricity system — and US nuclear. Nuclear power in the United States is struggling, with well-maintained plants closing early and few new projects in the works.  At the heart of these struggles lies a failed

Read more

#30 – UK RAB Model

Department for Business, Energy & Industrial Stategy (BEIS)

In July 2019, the Department for Business, Energy, and Industrial Strategy (BEIS) opened a consultation on a Regulated Asset Base (RAB) model for new nuclear power plant investment in Great Britain.  This NECG Commentary provides our response to that consultation and includes the following sections: Summary Background

Read more

#29 – Another Win for Dirty Electricity


Electricity markets are making US electricity dirtier and riskier by forcing the early retirement of operating nuclear power plants.  This is really bad news for the US electricity system. In May 2019, Exelon decided to retire the Three Mile Island unit 2 early, despite the plant having

Read more

#28 – Roadblocks for US Nuclear Exports

Road sign, NCEG

US nuclear power companies face roadblocks in the export market. Without US government actions to resolve commercial and non-proliferation issues, US nuclear companies will have a hard time competing in today’s global nuclear market against state-owned nuclear companies from Russia, China, and other countries. The biggest opportunity

Read more

#27 – US Nuclear Still Threatened


[18 Mar 2019 update, to reflect news about Seabrook and Millstone] Nuclear power is an effective way to reduce carbon emissions in the electricity sector. Keeping existing nuclear power plants in operation as long as possible is the most cost-effective way to do this.  Yet, existing nuclear

Read more

#26 – Japan – Nuclear Power and Electricity Reform

C#26 graph

[26 Feb update] Japan has set a target for nuclear electricity production in 2030 of 20% or greater at the same time that it is restructuring and reforming the electricity industry. Reforming the electricity industry while maintaining a viable nuclear power industry during and after the nuclear

Read more

#25 – Hitachi suspends UK nuclear

Horizon site, NECG

Guest Post by Tom O’Sullivan Last weekend I led of team of 20 individuals, including academics, students and army & navy personnel, into the nuclear plant in Northern Japan that was destroyed in March 2011. The plant is based in Japan’s third largest prefecture, Fukushima, which is

Read more

#24 – Government Support

IFNEC and NICE Future co-sponsored the “Challenges and Opportunities Facing Nuclear Energy in an Energy Transitions Context” event on 13-14 Nov in Tokyo at METI. I was honored to participate in this event on the role of government in nuclear power. Governments have been and will continue

Read more

#23 – EFWG

EFWG Report (cover), NECG

Market Framework for Financing Small Nuclear The Expert Finance Working Group (EFWG) was convened by the UK Department for Business, Energy and Industrial Strategy (BEIS) in January 2018 to determine key policies and a market framework needed to attract private financing to small reactor projects and to

Read more