ML25162A047
| ML25162A047 | |
| Person / Time | |
|---|---|
| Issue date: | 03/11/2025 |
| From: | Annie Caputo NRC/OCM/AXC |
| To: | |
| References | |
| Download: ML25162A047 (16) | |
Text
RIC 2025 NRC at a Crossroads The Honorable Annie Caputo Commissioner, NRC
Executive Order: Unleashing American Energy to protect the United Statess economic and national security and military preparedness by ensuring that an abundant supply of reliable energy is readily accessible in every State and territory of the Nation
North American Electric Reliability Council Mission:
to assure the effective and efficient reduction of risks to the reliability and security of the grid.
Reliability Issues Steering Committee has identified energy policy as a risk:
Energy Policy can drive change in Bulk Power System (a.k.a. The Grid) planning and operationsaffecting reliability and resilience.
2023 ERO Reliability Risk Priorities Report
Peak Demand Projection https://www.nerc.com/pa/RAPA/ra/Reliability%20Assessments%20DL/NERC_LTRA_Infographic_2024.pdf Escalating Demand Growth: Peak demand and energy forecasts have jumped and are at their highest levels in decades.
Peak demand grows by 151 GW (17%) over the next 10 years.
Generator retirements Accelerating Retirements: Resources needs to meet escalating demand growth are threatened by the current pace of generator retirements.
NERC REPORT 2024 Projected Reserve Margin Shortfall Areas 2025 2034 Beginning of shortfall
Executive Order: Energy Dominance Council We must expand all forms of reliable and affordable energy production to drive down inflation, grow our economy, create good-paying jobs, reestablish American leadership in manufacturing, lead the world in artificial intelligence, and restore peace through strength by wielding our commercial and diplomatic levers to end wars across the world.
Licensing 8%
Other 92%
Licensing 8%
Other 92%
STATUS QUO BUDGETARY INCREASE TODAY
Licensing 8%
92%
CURRENT STATE FUTURE STATE Other
?
Other
62 65 71 84 83 0
10 20 30 40 50 60 70 80 90 FY 21 FY 22 FY 23 FY 24 FY 25 Request FISCAL YEAR (FY)
Requested Activities (Dollars in Millions)
RIC 2025 Learning how to respond to and master the process of change - and even to excel at it - is a critical leadership skill for the twenty-first century. Constant, rapid change will be a fact of life for all of us.
Jennifer James
RIC 2025 Obstacles are what you see when you take your eye off the goal.
and The achievements of an organization are the results of the combined effort of each individual.
Vince Lombardi
RIC 2025 If we all did the things we are really capable of doing, we would literally astound ourselves.
Thomas Edison