NEI: FPL’s nuclear plants generate $1.4bn for state’s economy

 NEI: FPL’s nuclear plants generate $1.4bn for state’s economy

A Nuclear Energy Institute (NEI) report said Florida Power & Light’s (FPL) nuclear power plants bring in more than $1.4 billion annually to the state’s economy.
The study, “Economic Impact of Florida Power & Light Company’s Nuclear Power Plants,” analyzed annual data to provide a baseline for economic benefits that result from spending on products and services required to produce electricity at the St. Lucie and Turkey Point nuclear power plants, in addition to salaries of employees and contractors.
The study showed that FPL’s nuclear plants support higher-than-average wages for their 700 full-time employees. The report also said that both nuclear plants contribute $70 million in local and state taxes and supports more than 5,800 direct and secondary jobs in the state. Both plants also generate 98 percent of the state’s low-carbon power and 12 percent of the state’s total electricity.

To download the full report, click here

Subscribe to Nuclear Power International magazine

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...