For the past decade, Geoff Black, professor in the Department of Economic, has conducted research on energy and economic development, including studies on small modular reactors (SMRs), the impacts of energy development on economic activity and tax revenues, and the economic impacts of large federal research and development facilities.
Regional Economic Development for Eastern Idaho contacted Black to analyze the potential economic impact of bringing new nuclear technology to Idaho Falls. He partnered with the Idaho Policy Institute at Boise State and the McClure Center for Public Policy Research at the University of Idaho to conduct his work.
His conclusion? Idaho is poised to become a hotbed of production for the most innovative, carbon-free nuclear energy technology in the world within the next few years – a new energy production facility will be developed by 2026 at the Idaho National Laboratory in Idaho Falls.
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