Local and interregional economic analysis of large US Department of Energy waste management projects

An economic simulation model was used to understand the local and interregional economic impacts of four alternative waste management technologies proposed for the US Department of Energy's Savannah River nuclear weapons site. The simulations of the four technologies, each of which will cost at least a billion dollars, were done for the period 2000-2015. The analyses show that differences in project costs are not directly reflected in local economic impacts because of differences among the technologies during the design, testing and construction phases; differences in locations where the design and pilot-testing would occur; and choices about how any of the technologies would be funded.