the state of the commercial nuclear industry

The State of the CommercialNuclear Industry

Donald C. HintzPresident, Entergy Corporation

and Chairman, Nuclear Energy Institute

IFPA Energy ConferenceWashington, D.C.October 22, 2003

The Nuclear Era Begins

President Eisenhower giving the signal to start construction at Shippingport, Sept. 1954

Record Nuclear Electricity Production Is Sustainable

'90'94

'98'99

'00

'01

'02

577

640

674

728754 769 780

Source: EIA

(Bill

ions

of K

ilow

att-

hour

s)

'80 '82 '84 '86 '88 '90 '92 '94 '96 '98 '00 '02

55

60

65

70

75

80

85

90

95

Ca

pa

cit

y F

ac

tor

(%)

Industry Capacity FactorContinues at Record Level

0.0

2.0

4.0

6.0

8.0

10.0

12.0

1981

1983

1985

1987

1989

1991

1993

1995

1997

1999

2001

Nuclear 1.71

Coal 1.85

Gas 4.06

Oil 4.41

U.S. Electricity Production Costs

Source: RDI /EUCG. Converted to 2002 dollars by NEI.

Growing Public Favorability of Nuclear Energy

20

40

60

80

1983

1985

1987

1989

1991

1993

1995

1998

2000

2002

Per

cent

Fav

or/O

ppos

e

31% Oppose

64% Favor

Source: Bisconti Research Inc.

Vision 2020: Preserving Clean Sources of Electricity

30%non-emitting

31%non-emitting

Oil, Gas & Coal

Hydro & Renewables

New Nuclear Capability

Enhanced Nuclear Capability

Existing Nuclear Capability

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2000 2020

Bill

ion

kWh

Source: NEI

2000

2010

2020

2030

2040

2050