Former FERC, NARUC members join pro-nuclear group
Bailey, who served at FERC from 1993 to 2000, said in a statement that nuclear power is critical to grid reliability, “a fact underscored by its performance during the recent Polar Vortex, where nuclear energy operated at a 95 percent capacity factor — the highest of any energy source.”
Pete Lyons, the Energy Department’s assistant secretary for nuclear energy, said earlier this year that a rash of premature U.S. reactor closures could threaten the country’s climate goals.
DOE, he said, was reviewing one scenario under which a third of the country’s approximately 100 reactors would be shuttered. Lyons said such a situation could undermine the Obama administration’s goal of cutting greenhouse gas emissions 17 percent below 2005 levels by 2020.
The U.N. Intergovernmental Panel on Climate Change’s recently released fifth assessment report found limiting greenhouse gas emissions to around 450 parts per million would require tripling or even quadrupling zero- and low-carbon energy sources including nuclear power, fossil fuels with carbon capture and sequestration, and bioenergy with CCS by 2050.