NUCLEAR NUMBERS BY THE HIGHEST GENERATION EVER 55.2% 92.3% Capacity Factor 19.3% Emissions-Free. Electricity. Electricity. Generation.

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1 NUCLEAR BY THE NUMBERS Capacity Factor 92.3% HIGHEST GENERATION EVER Electricity Generation 19.3% Emissions-Free Electricity 55.2% March Nuclear Energy Institute Inc.

2 2019 Nuclear Energy Institute Inc., Nuclear By The Numbers all rights reserved. No part of this report may be reproduced, transmitted or modified without written permission of the Nuclear Energy Institute Inc.

3 TABLE OF CONTENTS THE NUCLEAR ADVANTAGE U.S. Nuclear Power Plants... 4 Nuclear Energy Creates and Sustains Jobs... 5 Nuclear Energy = Clean Air U.S. Emissions-Free Electricity Fuel Shares... 7 CO2 Emissions Avoided by the U.S. Power Industry... 8 PERFORMANCE AND COST U.S. Nuclear Electricity Generation... 9 U.S. Nuclear Industrywide Capacity Factors U.S. Electricity Generation Fuel Shares Industry Average Total Generating Costs U.S. Nuclear Plant Costs U.S. Nuclear Plant Capital Cost Trends U.S. Nuclear Plant Operations Costs U.S. Nuclear Plant Fuel Cost Trends STATUS AND OUTLOOK Premature Closures and Announced Shutdowns Plants Saved from Premature Closures Applications for Initial License Renewals Operating Reactors Around the World Operating Reactors, by Supplier Country Reactors Under Construction In Each Country International Nuclear Influence... 25

4 THE NUCLEAR ADVANTAGE U.S. Nuclear Power Plants 98 reactors across 59 sites 99,355 megawatts-electric of baseload capacity billion kilowatt-hours in percent capacity factor in 2018 Source: U.S. Energy Information Administration. 4

5 THE NUCLEAR ADVANTAGE Nuclear Energy Creates and Sustains Jobs CONTRIBUTES $10 BILLION IN FEDERAL AND $2.2 BILLION IN STATE TAXES EACH YEAR SUPPORTS 475,000 JOBS SAVES CONSUMERS AN AVERAGE OF 6% ON ELECTRICITY BILLS ADDS $60 BILLION TO THE COUNTRY S GDP Source: The Nuclear Industry s Contribution to the US Economy, The Brattle Group, July

6 THE NUCLEAR ADVANTAGE Nuclear Energy = Clean Air PREVENTS 286,516 SHORT TONS OF NOX EMISSIONS AVOIDS 528 MILLION METRIC TONS OF CARBON EMISSIONS EACH YEAR PREVENTS 346,485 SHORT TONS OF SO2 EMISSIONS VALUED AT A SOCIAL COST OF $28.1 BILLION ANNUALLY (in 2018 dollars) Sources: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Agency. The Nuclear Industry s Contribution to the US Economy, The Brattle Group, July

7 THE NUCLEAR ADVANTAGE 2018 U.S. Emissions-Free Electricity Fuel Shares 4.6% SOLAR 1.1% GEOTHERMAL 18.8% WIND 20.3% HYDRO 55.2% NUCLEAR Source: U.S. Energy Information Administration. 7

8 THE NUCLEAR ADVANTAGE CO2 Emissions Avoided by the U.S. Power Industry Million Metric Tons, 2018 NUCLEAR HYDRO WIND SOLAR 44.6 GEOTHERMAL 11.2 Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. 8

9 PERFORMANCE AND COST U.S. Nuclear Electricity Generation Billion Kilowatt-Hours 1, Last 6 Years in in in in in in Source: U.S. Energy Information Administration. 9

10 PERFORMANCE AND COST U.S. Nuclear Industrywide Capacity Factors Nuclear industry has had an average capacity factor of 90 percent over the last 20 years. 92.3% 100% 90% 80% 70% 60% 50% 40% 30% Last 6 Years 92.3% in % in % in % in % in % in % 10% Note: U.S. Energy Information Administration reports 92.7 percent for NEI s calculation (92.3 percent) accurately accounts for Oyster Creek Generating Station s closure in September Source: U.S. Energy Information Administration. 10

11 PERFORMANCE AND COST 2018 U.S. Electricity Generation Fuel Shares 2.1% BIOMASS & PETROLEUM 1.6% SOLAR 0.4% GEOTHERMAL 7.1% HYDRO 6.6% WIND 19.3% NUCLEAR 27.4% COAL 35.1% NATURAL GAS Source: U.S. Energy Information Administration. 11

12 PERFORMANCE AND COST 2018 Industry Average Total Generating Costs Dollars Per Megawatt-Hour $6.14 CAPITAL $5.98 FUEL TOTAL GENERATING $31.83 $19.71 OPERATIONS Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February

13 PERFORMANCE AND COST 2018 Industry Average Total Generating Costs Dollars Per Megawatt-Hour $42.01 $31.83 $29.01 Industry Average Single Unit Sites Multiunit Sites Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February

14 PERFORMANCE AND COST U.S. Nuclear Plant Costs Average total generating costs have decreased from $42.36 per megawatt-hour in 2012 peak to $31.83 per megawatt-hour in 2018, a reduction of 25 percent. Dollars Per Megawatt-Hour In 2018 Dollars YEAR FUEL CAPITAL OPERATIONS TOTAL GENERATING 2002 $6.07 $4.16 $19.72 $ $5.60 $5.99 $19.66 $ $5.44 $6.49 $20.22 $ $7.17 $9.71 $21.89 $ $7.53 $10.67 $23.21 $ $7.96 $11.48 $22.91 $ $7.28 $8.44 $22.09 $ $7.07 $7.05 $21.38 $ $6.59 $6.80 $20.92 $ $5.98 $6.14 $19.71 $ Change -9.3% -9.7% -5.8% -7.2% Change -25.0% -46.5% -14.0% -24.9% Total generating cost is the sum of the fuel cost, capital cost and operations cost. Source: Electric Utility Cost Group. Updated: February

15 PERFORMANCE AND COST U.S. Nuclear Plant Capital Cost Trends Capital expenditures decreased 9.7 percent in 2018 from Costs ($B, in 2018 dollars) $5B SUSTAINING INFORMATION TECHNOLOGY REGULATORY ENHANCEMENTS INFRASTRUCTURE (NONPOWER BLOCK) CAPITAL SPARES Note: Detailed 2018 cost breakdown will be available in June Source: Electric Utility Cost Group. 15

16 PERFORMANCE AND COST U.S. Nuclear Plant Operations Costs Operations costs decreased 5.8% percent in 2018 from $16B Costs ($B, in 2018 dollars) WORK MANAGEMENT TRAINING SUPPORT SERVICES OPERATIONS FUEL MANAGEMENT MATERIALS AND SERVICES LOSS PREVENTION ENGINEERING Note: Detailed 2018 cost breakdown will be available in June Source: Electric Utility Cost Group. 16

17 PERFORMANCE AND COST U.S. Nuclear Plant Fuel Cost Trends Fuel costs decreased 9.3 percent in 2018 from Costs ($B, in 2018 dollars) $4.8B Source: Electric Utility Cost Group. 17

18 STATUS AND OUTLOOK Premature Closures 5,299 megawatts-electric of baseload capacity 26.9 million metric tons of CO2 avoided More than 4,500 jobs impacted PLANT State MWe CLOSURE YEAR FINAL YEAR GENERATED (billion kilowatthours/year) FINAL YEAR CO2 EMISSIONS AVOIDED (million tons/year) Crystal River 3 FL San Onofre 2 & 3 CA 2, Kewaunee WI Vermont Yankee VT Fort Calhoun NE Oyster Creek NJ Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. 18

19 STATUS AND OUTLOOK Announced Shutdowns 11,126 megawatts-electric of baseload capacity 53.8 million metric tons of CO2 avoided in billion kilowatt-hours of electricity generated in 2018 More than 8,200 direct jobs impacted PLANT State MWe CLOSURE YEAR ELECTRICITY GENERATED IN 2018 (billion kilowatthours/year) CO2 EMISSIONS AVOIDED IN 2018 (million tons/year) Crystal Three Mile River Island 3 1 PA FL San Pilgrim Onofre 2 & 3 MA CA 2, Davis-Besse Kewaunee OH WI Vermont Duane Arnold Yankee VT IA Indian Fort Calhoun Point 2 & 3 NY NE 2, Oyster Beaver Creek Valley 1 & 2 NJ PA 1, Perry OH 1, Palisades MI Diablo Canyon 1 & 2 CA 2, Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. 19

20 STATUS AND OUTLOOK Plants Saved from Premature Closure megawatts-electric of baseload capacity 58.3 million metric tons of CO2 avoided More than the electricity generated by all U.S. utility solar in 2018 More than 7,400 direct jobs saved PLANT State MWe PROJECTED CLOSURE YEAR ELECTRICITY GENERATED IN 2018 (billion kilowatthours/year) CO2 EMISSIONS AVOIDED IN 2018 (million tons/ year) Fitzpatrick NY Ginna NY Clinton IL 1, Nine Mile Point 1 & 2 NY 1, Quad Cities 1 & 2 IL 1, Hope Creek NJ 1,172 ~ Millstone 2 & 3 CT 2,088 ~ Salem 1 & 2 NJ 2,328 ~ Source: Emissions avoided are calculated using regional and national fossil fuel emissions rates from the U.S. Environmental Protection Agency and latest plant generation data from the U.S. Energy Information Administration. 20

21 STATUS AND OUTLOOK Applications for Initial License Renewal Extending plant life from 40 to 60 years 94 UNITS GRANTED 3 UNITS EXPECTED TO APPLY Note: U.S. Nuclear Regulatory Commission has approved initial license renewal applications for 94 reactors. Four reactors, Fort Calhoun, Kewaunee, Oyster Creek and Vermont Yankee, have since ceased operations prematurely. Source: U.S. Nuclear Regulatory Commission. 21

22 STATUS AND OUTLOOK Operating Reactors Around the World U.S. 98 FRANCE 58 CHINA 46 JAPAN 39 RUSSIA 35 SOUTH KOREA 24 INDIA 22 CANADA 19 U.K. 15 UKRAINE 15 SWEDEN 8 BELGIUM 7 GERMANY 7 SPAIN 7 CZECH REPUBLIC 6 PAKISTAN 5 SWITZERLAND 5 OTHERS 29 Source: International Atomic Energy Agency-Power Reactor Information System. 22

23 STATUS AND OUTLOOK Operating Reactors, by Supplier Country U.S. 137 FRANCE 68 RUSSIA 68 JAPAN 38 CANADA 31 CHINA 31 INDIA 15 SOUTH KOREA 15 U.K. 15 GERMANY 13 CZECH REPUBLIC 10 BELGIUM 6 SWEDEN 4 Sources: American Nuclear Society, International Atomic Energy Agency-Power Reactor Information System. Updated: October

24 STATUS AND OUTLOOK Reactors Under Construction In Each Country CHINA 11 INDIA 7 RUSSIA 6 SOUTH KOREA 5 UAE 4 U.S. 2 BANGLADESH 2 BELARUS 2 JAPAN 2 PAKISTAN 2 SLOVAKIA 2 UKRAINE 2 ARGENTINA 1 BRAZIL 1 FRANCE 1 FINLAND 1 TURKEY 1 U.K. 1 Source: International Atomic Energy Agency-Power Reactor Information System. 24

25 STATUS AND OUTLOOK International Nuclear Influence Nuclear plants under construction and constructed since 1997, domestically and internationally. CHINA 39 6 RUSSIA SOUTH KOREA 16 4 INDIA 15 U.S. 3 8 JAPAN 4 CONSTRUCTED DOMESTICALLY CONSTRUCTED INTERNATIONALLY Source: International Atomic Energy Agency-Power Reactor Information System. Updated: February

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