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Electricity is the Key fabric of the Economy
"Elec tricity is the key fabric of the economy," said Dan Rastler, a technical leader with the Electric Power Research Institute(EPRI), "There's a real need to get the industry as well as stakeholders on track." Deliberate attacks on grid infrastructure can cripple nations' economies and undermine their stability. Garden-variety outages from storms and other causes sap $119 billion from the U.S. economy every year, according to an analysis by the EPRI. The nation lost between $4 billion and $10 billion when a blackout shut down parts of the East and Midwest last August. Most energy experts agree that making the grid less vulnerable to intentional and natural assaults, and more resilient when such assaults do occur, is critical. (Small Times 2004)

Nuclear energy is essential to keeping our power grid from going under
America’s 103 nuclear power plants are the most efficient and reliable in the world. Nuclear energy is the largest source of emission-free electricity in the United States and our nation’s second largest source of electricity after coal. Nuclear power plants in 31 states provide electricity for one of every five U.S. homes and businesses. Seven out of 10 Americans believe nuclear energy should play an important role in the country’s energy future. (Fertel  2004)

Nuclear energy is very price-effective.
Nuclear energy is so economically viable that it provides about 20 percent of America's electricity despite the incredibly high reg­ulatory burden. However, investors are averse to the regulatory risk associated with building new plants. The regulatory burden is extreme and potentially unpredictable. In the past, opponents of nuclear power have successfully used the regulations to raise construction costs by filing legal challenges, not based on any underlying safety issue, but simply because they oppose nuclear power. (Spencer)

 

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