In an era of “net-zero” carbon commitments, the electricity industry is working to identify zero-carbon replacements for coal. However, the retirement of coal-fired generation plants can have significant economic implications for surroundings communities.
Nuclear power has been the workhorse of zero-carbon electricity for decades. Investment in new nuclear power plants and alternatives such as small modular reactors (SMRs) may be the answer to provide zero-carbon electricity, while maintaining the local economy.
Additional Authors: Will Downer and Chris VlahoplusDownload Now
Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.