Bill Mohl & William Levis: May 19, 2016

THE LONG-TERM EFFECTS OF

POWER PLANT CLOSURES

OBAMA ADMINISTRATION TO HOST A SUMMIT ON IMPROVING

THE ECONOMICS OF AMERICA’S NUCLEAR POWER PLANTS

William-Levis

BILL MOHL
PRESIDENT, ENERGY WHOLESALE COMMODITIES

WILLIAM LEVIS
PRESIDENT & CHIEF OPERATING OFFICER, PSEG POWER

 

America today has 99 nuclear plants providing 20 percent of its electricity, reliably and without emitting carbon, but increasingly they are at risk of premature closing. The risk of losing well-running nuclear plants is not an abstract concern. Nuclear plants are closing, or likely to, in several states across the country and will be replaced mostly by burning natural gas and coal, which will pump more carbon dioxide into the atmosphere. There is an urgent need to develop policies that will prevent additional, premature plant closures. To combat this, the Department of Energy will sponsor an afternoon-long summit of experts and stakeholders on May 19th to discuss the concerns confronting “at-risk” nuclear power plants and the unintended consequences that arise from early plant retirements. Preserving the existing nuclear plant fleet is imperative to any credible plan to reduce carbon emissions, but additionally the plants are economic engines in their host communities.

President of Entergy Wholesale Commodities, Bill Mohl, and President & CEO of PSEG Power, William Levis, will be available for live interviews to discuss the circumstances threatening the continued delivery of clean and reliable electricity from nuclear power.

Some of the objectives of the summit include:

  • Broadened federal and state policymaker awareness of the imperative to reform current market conditions, which bring economic pressure threatening the continued operation of select, strong performing nuclear plants
  • Technical options that could be enacted by utilities to improve the economic competitiveness of operating facilities
  • Increased awareness of the distinct value nuclear plants have to their host communities
  • Stress the negative impact of plant closures on the environment

 

MORE ABOUT BILL MOHL:

Bill Mohl has held numerous leadership positions with several different energy companies over the past 32 years, and serves as the President of Entergy Wholesale Commodities, headquartered in White Plains, New York, with responsibility for Entergy’s merchant power business.  Prior to this role, Mr. Mohl served as the Chairman, President and CEO of Entergy Louisiana and Entergy Gulf States and held several other roles with Entergy including Vice president of System Planning and Operations.Prior to his employment with Entergy, Mohl held several senior leadership roles with Koch Industries Inc. and was employed by Public Service Company of Colorado (now an affiliate of Xcel Energy).Bill currently serves on the executive boards of the Nuclear Energy Institute and Electric Power Supply Association. Mohl holds a bachelor’s degree in business administration and finance and a master’s degree in business administration from Regis University in Denver, Colorado.

MORE ABOUT WILLIAM LEVIS:

William Levis is president and chief operating officer of PSEG Power, a position he’s held since June 2007.  PSEG Power is a major, unregulated independent power producer in the U.S. with four main subsidiaries: PSEG Nuclear, PSEG Fossil, PSEG Energy Resources and Trade (ER&T) and PSEG Power Ventures.

PSEG Power operates one of the most balanced portfolios in the country, both in terms of fuel mix and market segment (based load units, load following units and peaking units).  Its low-cost, load following fleet is geographically well positioned in competitive markets.  Its 11,898 MWs represent a diverse fuel mix which includes 41 percent natural gas, 32 percent nuclear; 20 percent coal, 5 percent oil, 1 percent pumped storage, and 1 percent solar.

Before coming to PSEG, Mr. Levis was Exelon Nuclear’s vice-president – Mid-Atlantic operations.  Prior to joining Exelon, Mr. Levis worked at Ontario Hydro’s Pickering Plant and held several positions over a five-year period with Carolina Power and Light’s Brunswick facility.

Mr. Levis has a Bachelor of Science degree in marine engineering from the U.S. Naval Academy and holds an SRO (senior reactor operator) certification.  He retired as a commander in the Naval Reserves and attained his professional engineer license in 1985.

Mr. Levis is a member of the Executive Committee of Nuclear Energy Institute’s (NEI) Board of Directors, the Nuclear Electric Insurance Limited (NEIL) Board of Directors, and serves as a member of the Institute of Nuclear Power Operations (INPO) National Nuclear Accrediting Board. Mr. Levis is a member of the Philadelphia Archdiocese Catholic Charities Appeals Board and is a member of the CEO Council for Growth based in Philadelphia.

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