Economic Impacts of SMRs (2019)

Summary

This economic analysis measures estimated impacts arising from the manufacturing and construction of the NuScale 12-pack Small Modular Reactors (SMRs) within the regional economy of eastern Idaho. Utilizing studies of the regional extent of employment, purchasing and other activities at the proposed Idaho National Laboratory (INL) site, this research estimates fiscal and economic impacts. 

Specifically, this study employs IMPLAN, the most widely used economic impact analysis model in the United States, to estimate the increased output (sales), gross regional product, employment, employee compensation and tax revenues resulting from the construction and operations of the proposed project. The impacts estimated here are provided at the eastern Idaho regional economy level, which consists of Bannock, Bear Lake, Bingham, Bonneville, Butte, Caribou, Clark, Custer, Franklin, Fremont, Jefferson, Lemhi, Madison, Oneida, Power and Teton counties.

Image above courtesy of NuScale Power, LLC.