Nuclear energy hailed for economic benefits

The daily production of nuclear energy adds millions of pounds to the state of Florida’s economy. That’s according to a new study, which found Florida Power & Light’s (FPL) Turkey […]

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By Priyanka Shrestha

The daily production of nuclear energy adds millions of pounds to the state of Florida’s economy.

That’s according to a new study, which found Florida Power & Light’s (FPL) Turkey Point and St. Lucie nuclear plants stimulates a combined $1.2 billion (£0.8bn) locally and contributes $1.4 billion (£1bn) to Florida’s economy every year.

It also revealed that for every dollar FPL spends at the facilities, the Florida economy produces $1.50 and the two plants directly employ around 700 full-time workers.

They produce 98% of the state’s low carbon electricity – and cuts 15 million tons of carbon emissions every year.

Richard Myers, Vice President for policy development and planning at the Nuclear Energy Institute (NEI) said: “This study confirms that operation of FPL’s nuclear energy facilities is vitally important to strengthening the state economy through job creation, tax payments and direct and secondary spending.

“In a multitude of ways, nuclear energy facilities and their employees are invaluable to the locales in which they operate as well as across Florida.”