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 18^th.
• Millstone nuclear power plant ranks 62^nd 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.  The number one reactor was shut down permanently in July 1998.
• Millstone is the largest electric power plant in the State, by far. Millstone’s net capacity (2,006 MWe) is more than double that of Connecticut’s second largest electric power plant, Middletown (net capability 836 MW).
  

Nuclear Generation in Connecticut, 1960 through 2003 Million Kilowatt Hours

*Total Nuclear Generation was zero in year 2002    Sources: Energy Information Administration, State Energy Data Report 1999, and Electric Power Annual, Volume 1, 2001, and EIA Survey Form 906.

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