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Tuesday
May172016

NEI's Fertel: "Between 10 and 20 plants at risk" of near-term shutdown, absent massive ratepayer bailouts

As reported by E&E TV, the President and CEO of the Nuclear Energy Institute, Marvin Fertel, has admitted that:

We think that, right now, if things don't change, we have somewhere between 10 and 20 plants at risk.

NEI's lobbyists, and those of the nuclear power industry writ large, are seeking massive state-level bailouts, at ratepayer expense, to prop up these failing reactors in such places as IL, NY, OH, PA, and elsewhere.

Fertel's admission came on the very same day as a hastily-arranged "save the nukes" emergency meeting was convened at the U.S. Department of Energy.