Thursday, February 22, 2007 10:56:40 PM
Economic Benefits Study Finds Millstone Nuclear Power Plant Contributes One Billion Dollars to U.S. Economy
An economic study conducted by NEI* found that the Millstone nuclear power plant in New London County, Connecticut, contributes $585 million to the state's economy and more than $1.1 billion to the U.S. economy, including labor income of $174.5 million. The plant generates half of the state's electricity production. Full story
*From Nuclear Energy Institute website, July 2003
Connecticut Nuclear Highlights
Of the 31 States with nuclear capacity, Connecticut ranks 18th.
Millstone nuclear power plant ranks 62nd on the Energy Information Administration’s (EIA) list of largest power plants.
With few domestic fuel resources and the potential for winter weather to disrupt domestic and foreign fossil fuel imports and hamper renewable fuels, it might not be surprising that four of the six New England States have nuclear power plants. Connecticut, however, is the only nuclear power plant in the region that has more than one reactor. At one time, Millstone had three reactors in operation.
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