Small Reactors, Large Potential Impact
Emily Goff /
A new report by the Energy Policy Institute, in collaboration with the American Council on Global Nuclear Competitiveness, titled “Economic and Employment Impacts of Small Modular Nuclear Reactors,” investigates how four separate scenarios of small modular reactor (SMR) construction could affect the U.S. economy. Growing interest and discussion surrounding the potential commercialization of small nuclear rectors, both in the U.S. and abroad, makes the study timely and relevant.
The study investigates potential impacts of SMR manufacturing, construction, and operation on the U.S. economy. Researchers relied on organizational model data contributions from industry members, demonstrating their integral role in new nuclear technology advancement. As the study’s input–output analysis reveals, both the direct and indirect economic impacts are potentially quite robust. Findings taken directly from the study project that: (more…)