Nuclear Energy

 

Ohio’s energy demands are going to be increasing as the state becomes home to more data centers. In order to meet these energy demands, Ohio is going to need to increase its energy production. One option that policymakers could consider is promoting nuclear power plants. 

The Department of Energy’s office of Nuclear Energy reports that the average nuclear power plant can produce 1 gigawatt of energy per year. We are interested in understanding what might happen to Ohio’s energy sector if a new nuclear power plant began operation. 

Your goal is to make a quantitative estimate of how much energy prices would change in Ohio after assuming there was 1 gigawatt of new generation. You should make an estimate for the change in the cost of electricity in terms of cost per kWh. Please present your findings in a short memo of no more than 300 words. 

You can submit your responses by email to michael@sciotoanalysis.com. Assignments will be due Friday, November 14th, at 4:59pm. After you submit your assignment, you will be able to sign up for a 30 minute zoom interview.