October 07, 2024

Economic Impacts of Establishing the Crane Clean Energy Center (CCEC)



Nuclear energy is a safe and clean method of producing energy for businesses and households. Three Mile Island Unit 1 was a nuclear power plant in Pennsylvania that produced clean energy until it was shut down five years ago for economic reasons. Constellation signed a power purchase agreement with Microsoft to restore this nuclear power plant, which will now be known as the Crane Clean Energy Center (CCEC).

In this presentation created by The Brattle Group, Inc. for the Pennsylvania State Building & Construction Trades Council, Dean Murphy, Mark Berkman, and Wonjun Chang conducted an economic and environmental analysis of the reconstruction and operations of CCEC. They found that 20 years of CCEC operations would contribute $16 billion to the state’s GDP, 3,400 new jobs for Pennsylvania, and $3.6 billion in estimated tax revenue.

 

Click here to view The Brattle Group’s announcement.

Click here to access the full report.