News & Events

 
Introduction
Thank you, Marv, and thank you, Joe Sheppard, for taking the time to welcome us to Texas and for your opening remarks.
 
And my thanks also to you in the audience for supporting this annual conference jointly sponsored by the Nuclear Energy Institute and the World Nuclear Association. I know I speak for my partner, John Ritch, when I wish you all a productive time here in San Antonio.
 
We live in some very interesting times—in the nuclear fuel business, across the entire nuclear energy industry, across the electricity business as a whole.
 
We face immense challenges in balancing our industry’s pressing short-term needs and longer-term imperatives, as we try to accommodate urgent tactical issues that scream out for attention and could easily consume 24 hours of every day, yet also address critically important strategic issues that, left unmanaged, will frustrate all the good work we do in the short-term. Stephen Covey’s tension between the urgent and the important is alive and well in our industry.
 
So, that’s what I want to talk to you about today—about short-term needs and longer-term imperatives and the necessity of managing both, without compromising either.
 
Stable, reliable supply of nuclear fuel at reasonable cost is, and always has been, one of our industry’s major strengths. It must remain so, and I know that all of you are dedicated to ensuring that.