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Monday, April 22, 2019

Nuclear Power Rebounds in April

The Spring refueling season for nuclear reactors is peaking now, and units are beginning to return to service.  The net effect is about 3.5 BCFED currently offline, which is about 0.75 BCFED less than '18.  This refueling season peaked a little lower, and a little earlier, so we should see a steady return to service of the remaining offline reactors.

Outages were heavy in the Autumn, and so year-on-year comparisons favored increased natural gas utilization, but the situation has now reversed sharply and suddenly.