IBM Nuclear Power Advisory Council Identifies Key 2008 Issues for Nuclear Power

IBM Nuclear Power Advisory Council Identifies Key 2008 Issues for Nuclear Power

The IBM Nuclear Power Advisory Council (NPAC) announced today the top nuclear power industry imperatives that emerged from its inaugural meeting last week at the new IBM (NYSE: IBM) Global Center of Excellence for Nuclear Power in La Gaude, France. Among them, the group stressed that nuclear power operators and suppliers must find more transparent means to manage various types of risk in order to create a more positive environment for the industry’s growth.

In particular, failure by the industry to dramatically alter their approach to financial and political risk will result in an increasing number of barriers to continued operation and market expansion.

The two-day forum explored the state of the global nuclear industry, current operational challenges including asset management and performance, an aging workforce, as well as business imperatives and IT solution priorities for the year ahead.

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