Nuclear power plant meeting set for June 16 in Glenns Ferry
Idaho Energy Complex representatives have begun a series of public information meetings meetings to inform the public about their plans to build a 1,600-megawatt nuclear reactor in Elmore county.
A meeting was held Tuesday night in Mountain Home. Check www.mountainhomenews.com later today for coverage of that meeting.
The next meeting is scheduled for 7-8:30 p.m. on June 16 at the Glenns Ferry Opera House, 208 E. Idaho Ave.
Boise City Councilman Jim Tibbs is moderating the meetings.
Don Gillispie, president and CEO of the Idaho Energy Complex, contended that an economic study on the project calculated the IEC would grow employment in Elmore and Owyhee counties by 25 percent and produce total annual labor income benefits in Owyhee and Elmore counties of $52.3 million during operation. Building one reactor would contribute $2.6 billion to the state's economy, boosting it by nearly 6 percent, while its operation will generate $74 million in state tax revenues a year.
The Idaho Energy Complex (www.idahoenergycomplex.com) will be a 1,600-megawatt; $4.5-billion advanced nuclear reactor with low cooling-water requirements. The plant will also include a biofuels component, using excess reactor heat to produce fuels from local ag waste and crops.
Company officials plan to submit a Combined Operating License Application to the Nuclear Regulatory Commission in 2009. The approval process is expected to take three years and cost $80 million.
Construction could begin as soon as 2012 and finish with power generation beginning in late 2016, Gillispie said.