SOURCE: Nuclear Energy Institute

Nuclear Energy Institute

June 16, 2016 15:18 ET

NEI: Failure to Value Nuclear Energy's Attributes KOs Fort Calhoun

Clean-Air Goals, Nebraska Economy Will Bear Brunt of Plant's Premature Closing

WASHINGTON, DC--(Marketwired - June 16, 2016) - The board of directors of Omaha Public Power District (OPPD) today announced that due to economic considerations it has decided to close the Fort Calhoun nuclear power plant by the end of 2016. Located near Omaha, Nebraska, the 479-megawatt plant began commercial production of electricity in 1973. It accounts for 34 percent of OPPD's total electricity generation and 9 percent of Nebraska's electricity. Following is a statement from Marvin Fertel, president and chief executive officer at the Nuclear Energy Institute.

"For decades, Fort Calhoun has produced many great benefits for the local communities, economy and the environment. Its closing will have long-lasting negative effects and will make it far more difficult for Nebraska and the nation to reach their clean air and climate change commitments.

"Fort Calhoun's closing will take about one-quarter of the state's clean electricity off the grid. It will no longer prevent the emission of 3.4 million metric tons of carbon dioxide, the equivalent of putting 800,000 cars back on Nebraska's roads.

"As recently as 2011, the United States had 104 reactors operating in 31 states. Fort Calhoun represents the 12th reactor to close or be announced for premature closing in recent years. This is due in part because the full value of nuclear power plants is not recognized in the price of electricity. Leaders in state capitals and Washington must bring together policies that appropriately value all attributes of electricity generation which if done correctly will preserve nuclear energy facilities as part of a diversified electricity portfolio. To do otherwise will result in significantly negative economic and environmental consequences for decades."

The Nuclear Energy Institute is the nuclear energy industry's policy organization. This news release and additional information about nuclear energy are available at www.nei.org.

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