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Industry News 2003 P22



Recent world events revive argument for nuclear power's revival
Recent world events have the nuclear power industry poised for an era of growth, USEC Inc. President and CEO William H. Timbers told a nuclear industry conference in London Thursday.

NRC outlines plans for nuclear industry security
In a letter to Secretary of Homeland Security Tom Ridge, U.S. Nuclear Regulatory Commission (NRC) Chairman Nils J. Diaz outlined the steps the nuclear industry has taken to enhance security at facilities and of radioactive material.

New talk on fiberoptics in the electric power grid added to KMI's Newport Conference
KMI Research, organizer of the annual Newport Conference on Fiberoptics Markets, announced that it has added a talk to this year's program to cover the electric power utility market for fiberoptic cables and systems.

NEI urges House committee to preserve fuel diversity in electric generation
In a letter to the Committee on Energy and Commerce U.S. House of Representatives, Nuclear Energy Institute (NEI) president and CEO Joe F. Colvin shared the organization's views on the reliability of the nation's electric infrastructure following the Aug. 14 blackout in the Northeast.

AEP's Draper cites need for regulatory certainty on transmission issues during blackout testimony
Regulatory certainty for transmission siting and cost recovery is needed if America's electrical grid is to be improved, the head of one of the nation's largest utilities told the House Committee on Energy and Commerce in testimony Thursday.

FERC chair speaks on blackout before House committee
Pat Wood III, the Chairman of the Federal Energy Regulatory Commission (FERC), spoke on Wednesday before the House Committee on Energy and Commerce regarding the Aug. 14 blackout.

Nuclear power plants maintain lowest production cost for baseload electricity, NEI says
The nation's 103 nuclear reactors were the lowest cost electricity producers of any source of expandable, baseload electricity in 2002.

Economic turnaround boosts renewed advance in European electric drives market
A new study by Frost & Sullivan, the international market consultancy, provides evidence of a rebound from the recent poor developments in the European electric drives market.

Analyst states that energy market volatility and unpredictability elevates need for strategic planning and clarity
Volatility and unpredictability do not eliminate the need for strategic planning or strategic clarity, Michael Mount, a Rudden Vice President, stated in a newly released paper.

Utility group urges review of total power supply system
A national organization of electrical utility companies announced their recommendation urging a review of the total electrical supply system including generation, transmission and distribution.

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