The proposed construction and operation of NuScale’s small modular reactor (SMR) near Idaho Falls will have a significant impact on the local economy, an economic impact analysis commissioned by the city’s mayor has found. Mayor Rebecca Casper commissioned the preliminary economic impact analysis through the Idaho Department of Labor to examine the potential economic impact of a project to build the first commercial NuScale SMR on a site at the US Department of Energy’s Idaho National Laboratory (INL). More in-depth economic impact studies will be conducted as the project progresses. According to the study, preliminary estimates indicate that the first phase – construction – of the project will cost $2.8 billion and directly support up to 1000 jobs, while creating or sustaining an additional 11,808 jobs in the local economy through indirect and induced economic activity. The operations phase would support 360 jobs annually, with indirect and induced economic activity creating or sustaining a further 1147 jobs.
World Nuclear News 15th Aug 2016 read more »