10.03.2017_No50 / News in Brief

To Compete With China and Russia, US Needs Aggressive Nuclear Trade And Export Programme, Says NEI’s Korsnick

Comment & People

10 Mar (NucNet): If the US is to preserve its ability to shape the global use of nuclear technology, it must have both a strong domestic nuclear power programme and an aggressive nuclear trade and export programme, Nuclear Energy Institute president and chief executive officer Maria Korsnick told an energy industry gathering on 9 March 2017.

Nuclear Energy Institute president and chief executive officer Maria Korsnick.

Ms Korsnick told CERAWeek that the US has not viewed the nuclear energy industry strategically, although it pioneered the use of nuclear power plants.

Today, nearly two-thirds of reactors under construction use Chinese or Russian designs, she said, adding that these countries “understand the leverage that comes from supplying energy”.

Ms Korsnick highlighted the need to ensure that nuclear energy’s benefits are recognised and compensated in electricity markets.

“If nuclear energy’s attributes are important –and I’m convinced that they are – the market needs to reflect that,” she said.

Ms Korsnick has praised New York state’s Clean Energy Standard, which promotes renewable use along with the preservation of nuclear energy.

She backed New York governor Andrew Cuomo’s claim that the closure of nuclear energy facilities “would eviscerate the emission reductions achieved through the state’s renewable energy programmes, diminish fuel diversity, increase price volatility, and financially harm host communities”.

Nuclear provides the majority of New York’s non-emitting generation, Ms Korsnick said.

Related reports in the NucNet database (available to subscribers):

  • Industry Has Reached ‘Tipping Point’ In Gaining Washington’s Attention, Says NEI (News in Brief No.30, 10 February 2017)

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