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Nuclear Energy's Economic Benefits - Current and Future

The nuclear energy industry can play an important role in job creation and economic growth, providing both near-term and lasting employment and economic benefits. The 104 nuclear units in the U.S. generate substantial domestic economic value in electricity sales and revenue - $40-$50 billion each year - with over 100,000 workers contributing to production.

Worldwide, over 150 new nuclear plant projects are in the licensing and advanced planning stage, with 65 plants currently under construction. As a result, the years ahead will see a surge in demand for materials, components and services for the global nuclear industry. The Department of Commerce estimates the global market for nuclear products, services and fuel at $500-$740 billion over the next 10 years.

The U.S. Department of Energy projects that U.S. electricity demand will rise 24 percent by 2035, about 1 percent each year. That means our nation will need hundreds of new power plants to provide electricity to meet rising demand and replace aging infrastructure. Nuclear energy is the only proven technology that can provide emission-free, affordable baseload electricity.
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