WASHINGTON, D.C.—Marvin S. Fertel today was elected president and chief executive officer of the Nuclear Energy Institute, the policy organization for the U.S. nuclear energy industry.
Fertel has served as acting president and CEO since Frank L. Bowman’s retirement as NEI president and CEO last November. During his 19 years at the Institute and its predecessor organizations, Fertel has served in leadership positions of increasing seniority and scope.
He has been executive vice president and chief nuclear officer at NEI since 2008, and was senior vice president and CNO beginning in 2003. In those roles, he was responsible for leading NEI’s programs related to ensuring an effective and safety-focused regulatory process for 104 reactors and other commercial nuclear facilities. He directed industry-wide efforts to ensure rigorous security programs are provided at nuclear power plants and to address broad technical issues related to commercial nuclear facilities. Fertel also has led NEI’s activities related to the long-term management of used nuclear fuel.
John Rowe, chairman of the NEI Executive Committee and chairman, president and CEO at Exelon Corp., said Fertel had demonstrated proven leadership in a wide range of industry disciplines, including regulatory and public policy issues, economic issues and nuclear facility design and construction.
“Marv is highly regarded for his technical and regulatory expertise. He also has been a leader for the industry on public policy issues, testifying before Congress and state legislatures, and working closely with policy leaders on energy and environmental policy,” Rowe said. “He has provided firm leadership on issues such as nuclear plant security and used fuel management. The Executive Committee is confident that Marv is the right leader for NEI.”
Fertel also has served as vice president of nuclear economics and fuel supply at NEI and vice president of technical programs at the U.S. Council for Energy Awareness, one of the Institute’s predecessor organizations. Altogether, Fertel has 40 years of experience, including consulting for electric utilities on issues related to designing, siting, licensing and managing both fossil and nuclear plants, including executive positions at Ebasco, Management Analysis Company and Tenera.
“I look forward to continuing to work with our industry and policymakers on those issues that are important to maintain the vital role that nuclear energy plays in our energy and environmental policy,” Fertel said.
“This is a time of tremendous challenge for our nation and our industry. But we also have the opportunity, working with federal and state leaders, to craft the energy policies that will enhance America’s energy security, increase our use of low-carbon energy resources and stimulate our economy,” he said.
NEI is the policy organization for the country’s commercial nuclear power industry, and its mission includes interaction with Congress and the Executive Branch, as well as the Nuclear Regulatory Commission and other federal government agencies.
One hundred and four reactors in 31 states supply electricity to one of every five U.S. homes and businesses. Nuclear power plants generate nearly three-quarters of all carbon-free electricity at an industry-leading levels of reliability and at among the lowest production cost of any electricity source.