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The scope of the study encompasses a rigorous evaluation of the advantages and disadvantages associated with nuclear power in Arkansas, including economic, environmental, and workforce considerations. The assessment will further address optimal siting, safety protocols, advanced technology options, including large, small modular, and micro reactors.
Other areas of consideration include critical infrastructure requirements, such as transmission and transportation capabilities. Rockville, Maryland-based Excel Services will provide interim findings, a draft report, and a final report within a ten-month period.
"We are honoured by the confidence placed in us by the Arkansas legislature," said Excel Services founder, President and CEO Donald Hoffman. "Nuclear power presents a significant opportunity to enhance the state's energy independence, support industrial growth, and foster long-term workforce development. We are committed to delivering an assessment that is both practical and forward-looking."
Representative Jack Ladyman commented: "Arkansas is committed to exploring every avenue to secure our energy future. This feasibility study will ensure that our decisions are informed by the best available expertise and analysis. We selected Excel because of its experience and expertise and look forward to reviewing the findings on how nuclear energy can contribute to our state's prosperity and resilience."
Arkansas is currently home to two pressurised water reactors at the Arkansas Nuclear One plant - near Russellville in Pope County - which is owned and operated by Entergy. The plant provides about 24% of the state's electricity. Arkansas Nuclear One units 1 and 2 are licensed to operate until 2034 and 2038, respectively.
