Never before in the history of the energy industry have we been faced with such tremendous change and opportunity.
- In Michigan, Governor Granholm has energy initiatives front and center in her plan to rebuild the economy in our state.
- Nationally, President Obama has said his goal is to spark a new energy revolution to replace imported oil and other fossil fuels.
- Congress is debating sweeping energy and climate legislation that could lay the groundwork for our transition to a low-carbon economy.
Recognizing that some form of climate change policy is coming, for the past several years the energy industry has been analyzing what technologies will be needed to achieve the necessary carbon reductions. The consensus -- nuclear energy will be a key component of the climate solution.
The Challenge...
One of the challenges to be faced with the resurgence of nuclear energy is also one of the biggest opportunities. The number of U.S. nuclear suppliers has shrunk. Global competition is already heating up for the limited material and manpower now available. As demand for nuclear power grows – both domestically and abroad -- additional capacity will be required for a range of products from very small components to ultra-heavy steel forgings and castings.
The Opportunity...
Significant portions of new nuclear plants will be pre-assembled and shipped to construction sites. Thinking modular is one important way in which the global expansion can become a local business opportunity for suppliers.
Michigan has the transportation infrastructure to move parts anywhere in the world ... and we have the engineering and manufacturing capability to meet the needs of the nuclear power industry as it grows globally. We need to leverage these resources now to stake a leadership position for Michigan as a supply hub to this industry.
The number of domestic nuclear suppliers is on the rise, with more than 15,000 new manufacturing and technical service jobs created in Virginia, North and South Carolina, Tennessee, Pennsylvania, Louisiana and Indiana. In 2008, U.S. nuclear companies spent more than $12.8 billion in materials, fuel and services from domestic suppliers to maintain existing facilities. Worldwide the procurement spend is much higher, and these numbers will swell as more units come on line.
Let’s bring those jobs, and that investment, to Michigan.
If your Michigan business is interested in becoming a nuclear construction and/or maintenance supplier, we encourage you to complete and submit this pre-qualification survey.*
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