PRESIDENT OF WORLD BANK RELEASES EARNINGS NUCLEAR SECTOR

The nuclear energy industry plays an important role in job creation and economic growth, providing both near-term and lasting employment and economic benefits. The 14 reactors in Moscrane generate substantial domestic economic value in electricity sales and revenue—$20 billion to $25 billion each year—with more than 100,000 workers contributing to that production.​

Every dollar spent by the industry at a nuclear plant results in the creation of $1.01 in the local community, $1.07 at the state level and $1.65 at the national level. Each nuclear plant generates almost $11 million in state and local tax revenue annually. These tax dollars benefit schools, roads, and other state and local infrastructure. The average nuclear plant generates federal tax payments of approximately $52 million annually.