NUCLEAR BY THE NUMBERS GENERATIONHIGHESTEVER 92.3% CapacityFactor 55.2% Emissions-FreeElectricity 19.3% GenerationElectricity © 2019 Nuclear Energy Institute Inc. March 2019
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TABLE CONTENTSOF THE NUCLEAR ADVANTAGE U.S. Nuclear Power Plants 4 Nuclear Energy Creates and Sustains Jobs ....................................................................................... 5 Nuclear Energy = Clean Air .................................................................................................................... 6 2018 U.S. Emissions-Free Electricity Fuel Shares 7 CO2 Emissions Avoided by the U.S. Power Industry ....................................................................... 8 PERFORMANCE AND COST U.S. Nuclear Electricity Generation ...................................................................................................... 9 U.S. Nuclear Industrywide Capacity Factors 10 2018 U.S. Electricity Generation Fuel Shares .................................................................................... 11 2018 Industry Average Total Generating Costs ................................................................................ 12-13 U.S. Nuclear Plant Costs 14 U.S. Nuclear Plant Capital Cost Trends ............................................................................................... 15 U.S. Nuclear Plant Operations Costs ................................................................................................... 16 U.S. Nuclear Plant Fuel Cost Trends 17 STATUS AND OUTLOOK Premature Closures and Announced Shutdowns ............................................................................ 18-19 Plants Saved from Premature Closures .............................................................................................. 20 Applications for Initial License Renewals 21 Operating Reactors Around the World ................................................................................................ 22 Operating Reactors, by Supplier Country ........................................................................................... 23 Reactors Under Construction In Each Country 24 International Nuclear Influence............................................................................................................. 25
THE NUCLEAR ADVANTAGE 4 U.S. Nuclear Power Plants • 98 reactors across 59 sites • 99,355 megawatts-electric of baseload capacity • 807.1 billion kilowatt-hours in 2018 • 92.3 percent capacity factor in 2018 Source: U.S. Energy Information Administration. Updated: March 2019
THE NUCLEAR ADVANTAGE 5 SUPPORTS 475,000 NuclearJOBSEnergy Creates and Sustains Jobs CONTRIBUTES $10 BILLION IN FEDERAL AND $2.2 BILLION IN STATE TAXES EACH YEAR SAVES CONSUMERS AN AVERAGE OF 6% ON ELECTRICITY BILLS ADDS $ BILLION60 TO THE COUNTRY’S GDP Source: The Nuclear Industry’s Contribution to the US Economy, The Brattle Group, July 2015.
THE NUCLEAR ADVANTAGE 6 Nuclear Energy = Clean Air AVOIDS 528 MILLION METRIC TONS CARBONOFEMISSIONSEACHYEAR PREVENTS 286,516 SHORT TONS OF NOX EMISSIONS PREVENTS 346,485 SHORT TONS OF SO2 EMISSIONS VALUED AT A SOCIALOFCOST $ 28. 1 BILLION ANNUALLY(in2018dollars) Sources: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Agency. Updated: March 2019 The Nuclear Industry’s Contribution to the US Economy, The Brattle Group, July 2015.
THE NUCLEAR ADVANTAGE 7 2018 U.S. Emissions-Free Electricity Fuel Shares NUCLEAR55.2%HYDRO20.3%18.8%WIND4.6%SOLAR GEOTHERMAL1.1% Source: U.S. Energy Information Administration. Updated: March 2019
THE NUCLEAR ADVANTAGE 8 CO2 Emissions Avoided by the U.S. Power Industry Million Metric Tons, 2018 GEOTHERMALNUCLEARHYDROWINDSOLAR Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. Updated: March 2019 528.0 184.2191.5 11.244.6
PERFORMANCE AND COST 9 U.S. Nuclear Electricity Generation Billion Kilowatt-Hours 1980 1986 1992 1998 2004 2010 2016 807.102004006001,000800 Source: U.S. Energy Information Administration. Updated: March 2019 2018 Last 6 Years 807.1 in 2018 805.0 in 2017 805.7 in 2016 797.2 in 2015 797.2 in 2014 789.0 in 2013
PERFORMANCE AND COST 10 U.S. Nuclear Industrywide Capacity Factors Nuclear industry has had an average capacity factor of 90 percent over the last 20 years. 100%90%80%60%50%20%10%030%40%70% Note: U.S. Energy Information Administration reports 92.7 percent for 2018. NEI’s calculation (92.3 percent) accurately accounts for Oyster Creek Generating Station’s closure in September 2018. Source: U.S. Energy Information Administration. Updated: March 2019 92.3% 201820162012200820042000199619921988 Last 6 Years 92.3% in 2018 92.2% in 2017 92.1% in 2016 92.2% in 2015 91.7% in 2014 89.9% in 2013
PERFORMANCE AND COST 11 2018 U.S. Electricity Generation Fuel Shares Source: U.S. Energy Information Administration. Updated: March 2019 NUCLEAR19.3%35.1%NATURALGASHYDRO7.1%27.4%COAL GEOTHERMAL0.4%BIOMASS2.1%WIND6.6%& PETROLEUM SOLAR1.6%
PERFORMANCE AND COST 12 Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February 2019 2018 Industry Average Total Generating Costs Dollars Per Megawatt-Hour CAPITAL$6.14 $5.98FUEL OPERATIONS$19.71 GENERATINGTOTAL $31.83
PERFORMANCE AND COST 13 2018 Industry Average Total Generating Costs Dollars Per Megawatt-Hour Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February 2019 $31.83 $42.01 $29.01 AverageIndustry UnitSingleSites MultiunitSites
PERFORMANCE AND COST 14 Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February 2019 YEAR FUEL CAPITAL OPERATIONS GENERATINGTOTAL 2002 $6.07 $4.16 $19.72 $29.95 2004 $5.60 $5.99 $19.66 $31.25 2007 $5.44 $6.49 $20.22 $32.15 2010 $7.17 $9.71 $21.89 $38.76 2011 $7.53 $10.67 $23.21 $41.41 2012 $7.96 $11.48 $22.91 $42.36 2015 $7.28 $8.44 $22.09 $37.81 2016 $7.07 $7.05 $21.38 $35.50 2017 $6.59 $6.80 $20.92 $34.32 2018 $5.98 $6.14 $19.71 $31.83 2017-2018 Change -9.3% -9.7% -5.8% -7.2% 2012-2018 Change -25.0% -46.5% -14.0% -24.9% U.S. Nuclear Plant Costs Average total generating costs have decreased from $42.36 per megawatt-hour in 2012 peak to $31.83 per megawatt-hour in 2018, a reduction of 25 percent. Dollars Per Megawatt-Hour In 2018 Dollars
PERFORMANCE AND COST 15 U.S. Nuclear Plant Capital Cost Trends Capital expenditures decreased 9.7 percent in 2018 from 2017. Note: Detailed 2018 cost breakdown will be available in June 2019. Source: Electric Utility Cost Group. Updated: March 2019 2006 2007 2009 2011 2013 20152008 2010 2012 2014 2016 2017 2018 $5B TECHNOLOGYINFORMATIONSUSTAINING ENHANCEMENTSREGULATORY CAPITAL(NONPOWERINFRASTRUCTUREBLOCK)SPARES 108642097531dollars)2018in($B,Costs
PERFORMANCE AND COST 16 ANDMATERIALSSERVICES SERVICESSUPPORTTRAININGMANAGEMENTWORK U.S. Nuclear Plant Operations Costs Operations costs decreased 5.8% percent in 2018 from 2017. Note: Detailed 2018 cost breakdown will be available in June 2019. Source: Electric Utility Cost Group. Updated: March 2019 2006 2007 2009 2011 2013 20152008 2010 2012 2014 2016 2017 2018 $16B ENGINEERINGMANAGEMENTFUEL PREVENTIONLOSS OPERATIONS dollars)2018in($B,Costs 20100246812141618
PERFORMANCE AND COST 17 U.S. Nuclear Plant Fuel Cost Trends Fuel costs decreased 9.3 percent in 2018 from 2017. Source: Electric Utility Cost Group. Updated: March 2019 2006 2007 2009 2011 2013 20152008 2010 2012 2014 2016 2017 2018 $4.8B02647531dollars)2018in($B,Costs
STATUS AND OUTLOOK 18 Premature Closures • 5,299 megawatts-electric of baseload capacity • 26.9 million metric tons of CO2 avoided • More than 4,500 jobs impacted PLANT State MWe CLOSUREYEAR FINAL (billionGENERATEDYEARkilowatt-hours/year) (millionEMISSIONSYEARFINALCO2AVOIDEDtons/year) Crystal River 3 FL 860 2013 7.0 4.8 San Onofre 2 & 3 CA 2,150 2013 18.1 8.0 Kewaunee WI 566 2013 4.5 4.4 Vermont Yankee VT 620 2014 4.8 2.4 Fort Calhoun NE 478 2016 3.5 3.4 Oyster Creek NJ 625 2018 5.4 4.0 Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. Updated: March 2019
STATUS AND OUTLOOK 19 Announced Shutdowns • 11,126 megawatts-electric of baseload capacity • 53.8 million metric tons of CO2 avoided in 2018 • 89.6 billion kilowatt-hours of electricity generated in 2018 • More than 8,200 direct jobs impacted PLANT State MWe CLOSUREYEAR ELECTRICITYGENERATEDIN2018(billionkilowatt-hours/year) (millionEMISSIONSCO2AVOIDEDIN2018tons/year) Crystal River 3 FL 860 2013 7.0 4.8 San Onofre 2 & 3 CA 2,150 2013 18.1 8.0 Kewaunee WI 566 2013 4.5 3.8 Vermont Yankee VT 620 2014 5.1 2.4 Fort Calhoun NE 478 2016 3.4 3.3 Oyster Creek NJ 610 2018 5.4 4.0 Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. Updated: March 2019 Three Mile Island 1 PA 803 2019 7.3 5.0 Pilgrim MA 679 2019 4.4 2.0 Davis-Besse OH 894 2020 7.4 5.1 Duane Arnold IA 601 2020 4.9 4.6 Indian Point 2 & 3 NY 2,057 2020-2021 16.3 7.6 Beaver Valley 1 & 2 PA 1,808 2021 14.7 10.1 Perry OH 1,240 2021 10.9 7.5 Palisades MI 804 2022 5.5 4.6 Diablo Canyon 1 & 2 CA 2,240 2024-2025 18.2 7.3
STATUS AND OUTLOOK 20 Plants Saved from Premature Closure • 11.816 megawatts-electric of baseload capacity • 58.3 million metric tons of CO2 avoided • More than the electricity generated by all U.S. utility solar in 2018 • More than 7,400 direct jobs saved Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. Updated: March 2019 PLANT State MWe PROJECTEDCLOSUREYEAR ELECTRICITYGENERATEDIN2018(billionkilowatt-hours/year) EMISSIONSCO2AVOIDEDIN2018(milliontons/year) Fitzpatrick NY 851 2017 6.5 3.1 Ginna NY 582 2017 4.7 2.2 Clinton IL 1,060 2017 8.3 8.1 Nine Mile Point 1 & 2 NY 1,916 2017-2018 15.4 7.2 Quad Cities 1 & 2 IL 1,819 2018 15.5 10.6 Hope Creek NJ 1,172 ~2020 9.5 6.6 Millstone 2 & 3 CT 2,088 ~2020 16.9 7.6 Salem 1 & 2 NJ 2,328 ~2020-2021 18.9 13.0
STATUS AND OUTLOOK 21 Applications for Initial License Renewal Extending plant life from 40 to 60 years 94 GRANTEDUNITS 3 EXPECTEDUNITSTOAPPLY Note: U.S. Nuclear Regulatory Commission has approved initial license renewal applications for 94 reactors. Four reactors, Fort Calhoun, Kewaunee, Oyster Creek and Vermont Yankee, have since ceased operations prematurely. Source: U.S. Nuclear Regulatory Commission. Updated: March 2019
STATUS AND OUTLOOK 22 GERMANYBELGIUMSPAIN CZECHSWITZERLANDREPUBLICPAKISTANOTHERSUKRAINESWEDEN Operating Reactors Around the World SOUTHCANADAFRANCECHINAU.S.U.K.RUSSIAINDIAKOREAJAPAN 556777 29 15 8 58 46 98 19 15 35 2224 39 Source: International Atomic Energy Agency-Power Reactor Information System. Updated: March 2019
STATUS AND OUTLOOK 23 Operating Reactors, by Supplier Country FRANCERUSSIA CZECH REPUBLICBELGIUMSWEDENU.S. Sources: American Nuclear Society, International Atomic Energy Agency-Power Reactor Information System. Updated: October 2018 SOUTHGERMANYCANADAKOREAU.K.INDIACHINAJAPAN 6868 137 4101315156 31 15 31 38
STATUS AND OUTLOOK 24 Reactors Under Construction In Each Country ARGENTINASLOVAKIARUSSIAINDIAFINLANDUKRAINETURKEYU.K.CHINA Source: International Atomic Energy Agency-Power Reactor Information System. Updated: March 2019 SOUTHBANGLADESHBELARUSJAPANBRAZILUAEU.S.KOREAPAKISTANFRANCE 7 6 11 22222 111111 4 22 5
STATUS AND OUTLOOK 25 International Nuclear Influence Nuclear plants under construction and constructed since 1997, domestically and internationally. RUSSIAJAPAN CONSTRUCTED DOMESTICALLY CONSTRUCTED INTERNATIONALLY CHINA Source: International Atomic Energy Agency-Power Reactor Information System. Updated: February 2019 INDIA SOUTH KOREAU.S. 39 1516 34 15 6 24 4 8
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