Commentary

Commentaries are notes about nuclear economics, the electricity industry, or related issues. Join here for email updates. Feel free to send me comments via email.

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

June 2016 Update

NECG - Caron Pricing Not Enough to Help Nuclear Power (cover)

In the first half of 2016, NECG was involved in the CINTAC Nuclear Financing Workshop, the JAIF Annual Conference, and the IFNEC Nuclear Finance Conference. CINTAC – Global Nuclear Energy Financing Workshop, 11 March 2016, Washington DC Edward Kee was a panelist at the CINTAC Global Nuclear

Read more

#13 – Davis-Besse

NECG Commentary #13 - Davis Besse

U.S. merchant nuclear power plants are losing money selling power into wholesale electricity markets. Two have retired early and more than a dozen are threatened. A recent state regulatory deal to save Davis Besse is promising, but faces challenges. The complicated cases and decisions discussed here are

Read more

#12 – Nuclear Flexibility

NECG Commentary #12 - Ontario Nuclear Flexibility - Sept 2013

Ontario Nuclear Flexibility[1] Nuclear power plants usually operate in base load mode, but might enhance value by flexible operation. In September 2015, I participated in a brainstorming session at the U.S. Nuclear Energy Institute (NEI). The main topic of this session (and two earlier sessions) was how

Read more

#11 – Nuclear Power in Summer

Washington DC

Summer in Washington DC Hot weather and a more relaxed approach, including this Commentary – 17 interesting things about nuclear power, with pictures.   See Buzz Feed Post   1.  Sendai restart! Earlier this week (on 11 August 2015), the Sendai 1 nuclear power reactor was restarted

Read more

#10 – U.S. Government Role in Merchant Nuclear

US Capitol

Merchant nuclear projects, created by U.S. electricity industry reform, sell power into electricity markets. Two merchant nuclear projects closed early (and permanently) in 2013 due to financial losses and others may retire early because of losses. Should the U.S. government to take action to prevent the early

Read more

#9 – Nuclear Surrender?

White flag

A WSJ editorial, Rethinking the U.S. Surrender on Nuclear Power[1], suggests that the U.S. and other Western democracies have surrendered the nuclear power industry to Russia and China because of our approach to nuclear safety regulation. The editorial ignores other important factors leading to the difference in

Read more

#8 Death of nuclear power – a foolish prediction

Jester

Motley Fool published an article, Did Exelon Corporation Just Quietly Admit That Nuclear Power Is Dead? [1] on 21 April 2015. The clickbait headline was followed by a shallow and flawed analysis of an Exelon gas turbine purchase and by a foolish recommendation that Exelon replace its

Read more

#7 – Turkish Viewpoint

FCCJ - The Foreign Correspondents' Club of Japan

This Commentary is a guest post by Tom O’Sullivan of Mathyos in Tokyo. Tom attended a lunch meeting at the Foreign Correspondents’ Club of Japan (FCCJ) on 2 April 2015, where His Excellency, Ahmet Bülent Meriç, the Turkish Ambassador to Japan, spoke on “The Current Dynamics in

Read more

#6 – U.S. State Action on Revenue Certainty

NECG Commentary #6 - State Entities

Several U.S. states are moving to help merchant nuclear plants gain increased revenue certainty to prevent early retirement. Actions in four states, New York, Iowa, Ohio, and Illinois are discussed in this Commentary. My 4 February 2015 WNN editorial (“Can Nuclear Succeed in Liberalized Power Markets?”) explained

Read more

#5 – Revenue Certainty

NECG- Nuclear Cash Flow

Nuclear Cash Flow Nuclear power investments require an adequate, certain, and long-term source of revenue. In the past, revenue certainty came from traditional government/regulated electricity models. In liberalized electricity markets, other approaches for revenue certainty are required. My 4 February 2015 WNN editorial was about the uncertain

Read more
Page 2 of 3123