Purdue study: SMRs can boost Indiana's economy and energy independence

Read the full article here: https://lnkd.in/eJVdS-_x A new Purdue University study, commissioned by the Indiana Office of Energy Development, underscores the significant potential of Small Modular Reactors (SMRs) to power Indiana's growing economy and ensure energy independence.  Indiana faces rising electricity demand driven by data centers, vehicle electrification, and industrial growth. Simultaneously, retiring traditional power plants and the intermittency of some renewable sources highlight the need for reliable, baseload power. SMRs offer a robust solution. The economic benefits are compelling: a single 300 MWe SMR project is projected to create 2,000 jobs and inject over $2 billion into Indiana's economy during construction. Long-term, it promises around 350 high-quality jobs and an annual economic output exceeding $200 million for the host community. This data-driven research highlights that SMRs can provide 24/7 carbon-free power, enhancing grid stability and attracting industries that require dependable energy. While public awareness is still developing (only 26% of survey respondents were familiar with SMRs, per the study), this presents a clear opportunity for transparent dialogue about the substantial economic and environmental advantages of SMRs. Investing in and supporting the development of SMRs in Indiana is a strategic move towards a resilient, prosperous, and innovative energy future. #SMRs #EnergyInnovation #Indiana #EnergyPolicy

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