Energy Solutions partners with Terrestrial Energy to evaluate Kewaunee nuclear reactor deployment

During the recent Kewaunee County Board Meeting held on March 18, 2025, significant discussions centered around potential economic development opportunities linked to nuclear energy and data centers. The meeting highlighted a Memorandum of Understanding (MOU) between Nuclear Plant Energy Solutions and Terrestrial Energy, which is exploring the deployment of next-generation integral molten salt reactors at various sites, including Kewaunee County.

The proposed project could lead to substantial job creation, with estimates suggesting over 300 construction jobs during the build-out phase and more than 100 permanent high-skilled positions thereafter. The capital investment required for installing a single reactor is projected at $500 million. Additionally, if a data center were to be established alongside the reactor, it could represent an investment of approximately $3.3 billion, generating over 2,000 jobs and an annual economic impact exceeding $100 million.

The discussions underscored the potential for revitalizing the local economy, particularly in light of job losses following the closure of the previous nuclear plant. The anticipated annual property tax revenue from such projects could reach $76 million, significantly benefiting the county's financial landscape.

Further inquiries from board members revealed interest in the housing aspect of the projects, particularly regarding the development of entry-level single-family homes aimed at first-time buyers. While specific housing values were not disclosed, the homes are designed to be accessible for young families.

The meeting also touched on the role of the Kewaunee County Economic Development Corporation (KCEDC) in facilitating these initiatives. The KCEDC is positioned as a neutral party, connecting local government, energy solutions, and potential investors to streamline the development process.

In conclusion, the Kewaunee County Board Meeting highlighted a pivotal moment for the region, with potential investments that could reshape the local economy and create thousands of jobs. As discussions progress, the community remains hopeful for the realization of these projects, which promise to bring both economic growth and job opportunities to Kewaunee County.