Regional Economic Impacts of Nuclear Power Plants PDF Download

Author: University of Pennsylvania. Department of Regional Science. Energy Policy Project
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 168

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Author: Alice W. Shurcliff
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 54

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Author: Christina Maher
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 75

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"The 2015 announcement to close Indian Point Energy Center (IPEC) in Buchanan, NY caused a shockwave of concerns for the local community. As a rural community, Buchanan, NY relies on major employers to provide long-lasting careers with steady incomes and steady tax revenue for the community (Mitchell, 2019). A major employer is a business that produces more goods and services than can be utilized by the local economy, and therefore it exports a significant portion of its goods and employs five hundred workers or more (Montrose EDC, 2019). The type of industries that are major employers includes manufacturing, energy plants, hospitals, schools, automobile plants, etc. As a nuclear power plant, IPEC provides various economic benefits to the local community such as; approximately half of Buchanan’s operating budget ($4 million), 5,300 local jobs from direct and indirect sources, $25 million in annual school taxes, etc. (Moore, 2018; NEI, 2015; Pezzullo, 2020). This research attempted to gain a better understanding of how major employer closures impact the community, and how a community can battle those impacts with a specific focus on the closure of nuclear power plants in rural communities. By understanding how the closure can impact the community, policy recommendations could be formulated to lessen the negative economic impacts. Previous research has shown a nuclear power plant closure can cause short-term economic distress as a community transitions, but long-term economic distress is unlikely (Greco & Yamato, 2019; Haller, 2014: Haller, et al., 2017; Kotval & Mullin, 1997). This study used a multiple case study to gather information on previous nuclear power plant closures in other U.S. rural communities and compared the impacts with the predicted impacts from the closure of IPEC to formulate policy recommendations. It was concluded, rural communities can survive the economic impacts of a nuclear power plant closure through the use of various public programs and policies as well as the collaboration between company and government."--Abstract.

Author: OECD Nuclear Energy Agency
Publisher: Organisation for Economic Co-operation and Development
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 236

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Author: Gene Steiker
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 56

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Author:
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ISBN:
Category :
Languages : en
Pages :

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Classical economic base analysis is grounded in the concept that export activity drives the local economy and that economic impacts due to development can be traced to changes in the export base. Local government activities are frequently treated as a consequence of economic change, but no significant economic impact has been associated with imported tax dollars. In this paper the siting of a power reactor is examined, and it is concluded that the major economic impact related to the siting may result from increases in the tax base, which permit either increased public expenditure or increased disposable income through tax rate decreases. It is argued that as the fraction of the tax base that is owned nonlocally increases, the community perceives a price change, since smaller amounts of local income must be foregone to purchase a constant level of public services. This relationship is estimated using a sample of rural counties drawn from the State of Tennessee. The empirical results generally support the importance of the price variable in determining discretionary expenditures out of local disposable incomes. This finding conforms to other results obtained through an examination of actual reactor sitings, and points to the importance of understanding community responses to increased tax base for understanding local economic impacts from reactor siting. (auth).

Author: California. Legislature. Senate. Committee on Public Utilities, Transit and Energy
Publisher:
ISBN:
Category : Nuclear energy
Languages : en
Pages : 298

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Author:
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ISBN:
Category :
Languages : en
Pages :

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This study of economic and social impacts of nuclear power facilities compares a nuclear energy center (NEC) consisting of three surrogate sites in Ocean County, New Jersey with nuclear facilities dispersed in the Pennsylvania - New Jersey - Maryland area. The NEC studied in this report is assumed to contain 20 reactors of 1200 MW(e) each, for a total NEC capacity of 24,000 MW(e). Following the Introductory chapter, Chapter II discusses briefly the methodological basis for estimating impacts. This part of the analysis only considers impacts of wages and salaries and not purchase of construction materials within the region. Chapters III and IV, respectively, set forth the scenarios of an NEC at each of three sites in Ocean County, N.J. and of a pattern of dispersed nuclear power plants of total equivalent generating capacity. In each case, the economic impacts (employment and income) are calculated, emphasizing the regional effects. In Chapter V these impacts are compared and some more general conclusions are reported. A more detailed analysis of the consequences of the construction of a nuclear power plant is given in Chapter VI. An interindustry (input-output) study, which uses rather finely disaggregated data to estimate the impacts of a prototype plant that might be constructed either as a component of the dispersed scenario or as part of an NEC, is given. Some concluding remarks are given in Chapter VII, and policy questions are emphasized. (MCW).

Author: Philip Mullenbach
Publisher:
ISBN: 9781258307929
Category :
Languages : en
Pages : 418

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Author: New York (State). Legislature. Assembly. Standing Committee on Energy
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 222

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