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Idaho National Laboratory highlights $2B contract volume and growth in nuclear demonstrations

2135265 · January 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Idaho National Laboratory director John Wagner told the committee the lab surpassed $2 billion in business volume in FY24, expects further growth, and described near-term demonstrations and commercial interest in nuclear power; lawmakers asked about cost and timelines.

John Wagner, laboratory director at Idaho National Laboratory, told the Economic Outlook and Revenue Assessment Committee that the lab is on a sustained growth trajectory, surpassing $2 billion in business volume in fiscal 2024 and projecting about $2.2 billion in fiscal 2025.

"In fiscal year 24...we surpassed $2,000,000,000 in business volume for the first time in our history," Wagner said. He told legislators the lab's staff count has risen to more than 6,200 employees and that the lab's statewide economic impact approaches $4 billion, with average salaries the lab reports at about $105,000.

Wagner described recent facility investments and near-term demonstration projects at INL, including a $166 million hot-cell facility completed on time and under budget and an Oklo microreactor demonstration site selection on INL property. He…

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