NEWS RELEASE

NEI Congratulates President Obama, Vice President Biden on Re-Election

WASHINGTON, D.C.—The following is a statement on the results of the U.S. presidential election by Marvin Fertel, Nuclear Energy Institute president and chief executive officer.

“The nuclear energy industry congratulates President Barack Obama and Vice President Joe Biden on their re-election. The president cited in his comprehensive economic plan the need to expand domestic energy production and implement a cohesive national energy policy during his second term. He has recognized throughout his first term, and explicitly mentions in his plan, the need for a significant contribution from nuclear energy to achieve the administration’s goals.

“Despite a slowly recovering economy, the Department of Energy predicts a 21 percent growth in electricity demand by 2030, requiring the equivalent of more than 200 large power plants. Low-carbon nuclear energy facilities must be a key part of this new electricity generation mix for the nation to successfully achieve its economic and environmental goals.

“Energy security and national security are intertwined. Neither should ever be a partisan issue. During the campaign, both candidates’ views were consistent with respect to nuclear energy, which echoes in large part the bipartisan support that long has prevailed in Congress and among all Americans.

“The coming years will bring challenges on energy policy. The nuclear energy industry is confident that these challenges can be met and that nuclear energy facilities will play a key role in bringing about a brighter, stronger future for our nation.”