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Nuclear Energy Institute
FOR IMMEDIATE RELEASE: February 26, 2001
Contact: media@nei.org, 202.739.8000 or 703.644.8805 (after hours and weekends)

Energy Policy Bill Rightly Recognizes Nation's Need for Nuclear Energy

WASHINGTON—U.S. Senator Frank Murkowski, chairman of the Senate Committee on Energy and Natural Resources, today introduced energy policy legislation designed to increase production from U.S. energy sources. The legislation includes provisions directly affecting the nuclear energy industry. Joe F. Colvin, president and chief executive officer of the Nuclear Energy Institute, made the following comments about the legislation.

"Given the nation’s reliance on nuclear energy as an environmentally friendly source of low-cost bulk electricity, the far-reaching energy policy proposed by Senator Murkowski is a well-crafted framework to build a brighter, better future for the American people. It recognizes the valuable role that nuclear energy plays in our country’s diverse mix of energy sources, and it takes positive, practical steps to enhance nuclear energy’s contributions in the decades to come.

"Significantly, the legislation contains incentives to spur the industry to make further increases in production and efficiency. The nuclear energy industry has set electricity production records in each of the past two years, and this policy proposal rightly recognizes that the best deal for electricity consumers is getting more electricity from the low-cost generating sources that already exist.

"Importantly, the legislation increases electricity supply by making it less burdensome to build new power plants. This will help encourage the new nuclear power plant construction that our nation needs.

"Senator Murkowski wisely proposes to continue investing in nuclear energy research programs, because earlier investments in nuclear technologies have helped make nuclear power the backbone of the nation’s electricity supply system. The nuclear energy industry looks forward to working with Congress and the Bush Administration to help shape a comprehensive energy policy that improves the nation’s energy security and the environment."
 

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The Nuclear Energy Institute is the nuclear energy industry’s policy organization. This news release and additional information about nuclear energy are available on NEI’s Internet site at http://www.nei.org .



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