Safe and Reliable…
But can nuclear plants be competitive?
Over the past three decades, the U.S. Nuclear Industry achieved unprecedented levels of safety and reliability; providing nearly 20 percent of domestic electricity all of which is produced carbon-free. Since the turn of the century, however, rising operations and maintenance (O&M) costs and an evolving electricity market threaten the long-term financial viability of the fleet. Consequently, a new approach to performance improvement is needed, one that protects safety and reliability while concurrently lowering costs.
But what should this approach be?