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NUCLEAR BY THE NUMBERS HIGHEST GENERATION EVER 92.3% Capacity Factor 55.2% Emissions-Free Electricity 19.3% Electricity Generation © 2019 Nuclear Energy Institute Inc. March 2019

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Page 1: BY THE NUMBERS - nei.org · 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

NUCLEARBY THE NUMBERS

HIGHEST GENERATION

EVER

92.3%

Capacity Factor

55.2%Emissions-Free

Electricity

19.3%

Electricity Generation

© 2019 Nuclear Energy Institute Inc.March 2019

Page 2: BY THE NUMBERS - nei.org · 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

© 2019 Nuclear Energy Institute Inc.,Nuclear By The Numbers all rights reserved.

No part of this report may be reproduced, transmitted or modified without written permissionof the Nuclear Energy Institute Inc.

Page 3: BY THE NUMBERS - nei.org · 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

TABLE OF CONTENTS

THE NUCLEAR ADVANTAGEU.S. Nuclear Power Plants ..................................................................................................................... 4Nuclear Energy Creates and Sustains Jobs ....................................................................................... 5Nuclear Energy = Clean Air .................................................................................................................... 62018 U.S. Emissions-Free Electricity Fuel Shares ............................................................................. 7CO2 Emissions Avoided by the U.S. Power Industry ....................................................................... 8

PERFORMANCE AND COSTU.S. Nuclear Electricity Generation ...................................................................................................... 9U.S. Nuclear Industrywide Capacity Factors ...................................................................................... 102018 U.S. Electricity Generation Fuel Shares .................................................................................... 112018 Industry Average Total Generating Costs ................................................................................ 12-13U.S. Nuclear Plant Costs ......................................................................................................................... 14 U.S. Nuclear Plant Capital Cost Trends ............................................................................................... 15U.S. Nuclear Plant Operations Costs ................................................................................................... 16U.S. Nuclear Plant Fuel Cost Trends .................................................................................................... 17

STATUS AND OUTLOOKPremature Closures and Announced Shutdowns ............................................................................ 18-19Plants Saved from Premature Closures .............................................................................................. 20Applications for Initial License Renewals ........................................................................................... 21Operating Reactors Around the World ................................................................................................ 22 Operating Reactors, by Supplier Country ........................................................................................... 23Reactors Under Construction In Each Country ................................................................................. 24International Nuclear Influence ............................................................................................................. 25

Page 4: BY THE NUMBERS - nei.org · 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

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

Page 5: BY THE NUMBERS - nei.org · 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

THE NUCLEAR ADVANTAGE

5

SUPPORTS 475,000JOBS

Nuclear Energy 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

$60 BILLIONTO THE COUNTRY’S

GDPSource: The Nuclear Industry’s Contribution to the US Economy, The Brattle Group, July 2015.

Page 6: BY THE NUMBERS - nei.org · 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

THE NUCLEAR ADVANTAGE

6

Nuclear Energy = Clean Air

AVOIDS

528 MILLIONMETRIC TONS OF

CARBON EMISSIONSEACH YEAR

PREVENTS286,516 SHORT TONSOF NOX EMISSIONS

PREVENTS 346,485SHORT TONS

OF SO2EMISSIONS

VALUED AT A SOCIAL COST

OF

$28.1BILLIONANNUALLY(in 2018 dollars)

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.

Page 7: BY THE NUMBERS - nei.org · 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

THE NUCLEAR ADVANTAGE

7

2018 U.S. Emissions-Free Electricity Fuel Shares

55.2% NUCLEAR

20.3% HYDRO

18.8% WIND

4.6% SOLAR

1.1% GEOTHERMAL

Source: U.S. Energy Information Administration.

Updated: March 2019

Page 8: BY THE NUMBERS - nei.org · 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

THE NUCLEAR ADVANTAGE

8

CO2 Emissions Avoided by the U.S. Power IndustryMillion Metric Tons, 2018

NUCLEAR

HYDRO

WIND

SOLAR

GEOTHERMAL

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

191.5

184.2

44.6

11.2

Page 9: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

9

U.S. Nuclear Electricity GenerationBillion Kilowatt-Hours

1980 1986 1992 1998 2004 2010 2016

807.11,000

800

600

400

200

0

Source: U.S. Energy Information Administration.

Updated: March 2019

2018

Last 6 Years807.1 in 2018

805.0 in 2017805.7 in 2016797.2 in 2015797.2 in 2014789.0 in 2013

Page 10: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

10

U.S. Nuclear Industrywide Capacity FactorsNuclear industry has had an average capacity factor of 90 percent over the last 20 years.

0

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

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 Years92.3% in 201892.2% in 201792.1% in 2016

92.2% in 201591.7% in 2014

89.9% in 2013

Page 11: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

11

2018 U.S. Electricity Generation Fuel Shares

Source: U.S. Energy Information Administration.

Updated: March 2019

19.3% NUCLEAR

35.1% NATURAL GAS

27.4% COAL

7.1% HYDRO

0.4% GEOTHERMAL

6.6% WIND

2.1% BIOMASS

& PETROLEUM

1.6% SOLAR

Page 12: BY THE NUMBERS - nei.org · 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

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 CostsDollars Per Megawatt-Hour

$6.14CAPITAL

$5.98 FUEL

$19.71 OPERATIONS

TOTAL GENERATING $31.83

Page 13: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

13

2018 Industry Average Total Generating CostsDollars 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

Industry Average

Single Unit Sites

Multiunit Sites

Page 14: BY THE NUMBERS - nei.org · 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

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 TOTAL GENERATING

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 CostsAverage 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

Page 15: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

15

U.S. Nuclear Plant Capital Cost TrendsCapital 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

SUSTAINING

INFORMATION TECHNOLOGY

REGULATORY

ENHANCEMENTS

INFRASTRUCTURE (NONPOWER BLOCK)

CAPITAL SPARES

10

8

6

4

2

0

9

7

5

3

1

Cos

ts ($

B, in

201

8 do

llars

)

Page 16: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

16

MATERIALS AND SERVICES

SUPPORT SERVICES

TRAININGWORK MANAGEMENT

U.S. Nuclear Plant Operations CostsOperations 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

ENGINEERINGFUEL MANAGEMENT

LOSS PREVENTION

OPERATIONS

Cos

ts ($

B, in

201

8 do

llars

)

2

0

4

6

8

10

12

14

16

18

20

Page 17: BY THE NUMBERS - nei.org · 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

PERFORMANCE AND COST

17

U.S. Nuclear Plant Fuel Cost TrendsFuel 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

$4.8B

6

4

2

0

7

5

3

1

Cos

ts ($

B, in

201

8 do

llars

)

Page 18: BY THE NUMBERS - nei.org · 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

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 CLOSURE YEAR

FINAL YEAR GENERATED(billion kilowatt-

hours/year)

FINAL YEAR CO2 EMISSIONS AVOIDED

(million tons/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

Page 19: BY THE NUMBERS - nei.org · 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

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 CLOSURE YEAR

ELECTRICITY GENERATED

IN 2018(billion kilowatt-

hours/year)

CO2 EMISSIONS AVOIDED IN 2018

(million tons/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

Page 20: BY THE NUMBERS - nei.org · 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

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 PROJECTED CLOSURE

YEAR

ELECTRICITY GENERATED

IN 2018 (billion kilowatt-

hours/year)

CO2 EMISSIONS AVOIDED IN 2018

(million tons/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

Page 21: BY THE NUMBERS - nei.org · 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

STATUS AND OUTLOOK

21

Applications for Initial License RenewalExtending plant life from 40 to 60 years

94 UNITS GRANTED

3 UNITS EXPECTED TO APPLY

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

Page 22: BY THE NUMBERS - nei.org · 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

STATUS AND OUTLOOK

22

BELGIUM

GERMANY

SPAIN

CZECH REPUBLIC

PAKISTAN

SWITZERLAND

OTHERS

UKRAINE

SWEDEN

Operating Reactors Around the World

FRANCE

CHINA

U.S.

CANADA

U.K.

RUSSIA

INDIA

SOUTH KOREA

JAPAN

7

7

7

6

5

5

29

15

8

58

46

98

19

15

35

22

24

39

Source: International Atomic Energy Agency-Power Reactor Information System.

Updated: March 2019

Page 23: BY THE NUMBERS - nei.org · 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

STATUS AND OUTLOOK

23

Operating Reactors, by Supplier Country

FRANCE

RUSSIA

CZECH REPUBLIC

BELGIUM

SWEDEN

U.S.

Sources: American Nuclear Society, International Atomic Energy Agency-Power Reactor Information System.

Updated: October 2018

SOUTH KOREA

U.K.

CANADA

INDIA

CHINA

JAPAN

GERMANY

68

68

137

15

15

13

10

4

6

31

15

31

38

Page 24: BY THE NUMBERS - nei.org · 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

STATUS AND OUTLOOK

24

Reactors Under Construction In Each Country

INDIA

RUSSIA

SLOVAKIA

FINLAND

UKRAINE

TURKEY

U.K.

ARGENTINA

CHINA

Source: International Atomic Energy Agency-Power Reactor Information System.

Updated: March 2019

BELARUS

JAPAN

BRAZIL

UAE

BANGLADESH

U.S.

SOUTH KOREA

PAKISTAN

FRANCE

7

6

11

2

2

2

2

2

1

1

1

1

1

1

4

2

2

5

Page 25: BY THE NUMBERS - nei.org · 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

STATUS AND OUTLOOK

25

International Nuclear InfluenceNuclear plants under construction and constructed since 1997, domestically and internationally.

RUSSIA

JAPANCONSTRUCTED DOMESTICALLY

CONSTRUCTED INTERNATIONALLY

CHINA

Source: International Atomic Energy Agency-Power Reactor Information System.

Updated: February 2019

INDIA

SOUTH KOREA

U.S.

39

15

16

3

4

15

6

24

4

8

Page 26: BY THE NUMBERS - nei.org · 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

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