\documentclass{beamer} \usepackage[style=apa,natbib=true]{biblatex} \usepackage{tabularx} \usepackage{colortbl} \usepackage{booktabs} \usepackage{tikz} %\usepackage[table]{xcolor} \usepackage{cleveref} \newcommand\blfootnote[1]{% \begingroup \renewcommand\thefootnote{}\footnote{#1}% \addtocounter{footnote}{-1}% \endgroup } \newcommand{\levelcircle}[1]{% \tikz{ % Outer black outline \draw[fill=black, draw=black] (0,0) circle (0.38em); % White gap \draw[fill=white, draw=white] (0,0) circle (0.30em); % Inner colored circle (no outline) \draw[fill=#1, draw=none] (0,0) circle (0.22em); }% } \usetheme{metropolis} \setbeamercovered{transparent=25} \title{Wyoming's Nuclear Supply Chain Opportunities and Challenges} \author{Alexander Gebben} \institute{University of Wyoming, Center for Business and Economic Analysis} \date{April 14th, 2026} \begin{document} %%%%%%%%%%%%%%%%%%%%%% \frame{\titlepage} %%%%%%%%%%%%%%%%%%%%%% \begin{frame}[plain] \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear3.png} \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear1.png} \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear2.png} \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear4.png} \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear6.png} \includegraphics[width=0.155\textwidth]{cerpa-publications-nuclear5.png} \vfill \huge Center for Energy Regulation and Policy Analysis (CERPA) series \normalsize \begin{enumerate} \item{Identify challenges to acquire nuclear sectors in Wyoming} \item{Analysis of benefits and costs to development} \item{Make reports comparable across the supply chain} \end{enumerate} \end{frame} %%%%%%%%%%%%%% \begin{frame} \frametitle{Obstacles: What will it take?} \begin{table}[h!] \centering \caption{\textbf{Scoring System for Wyoming Nuclear Development}} \renewcommand{\arraystretch}{1.3} \begin{tabularx}{\textwidth}{l l} \rowcolor{gray!15} \textbf{Score} & \textbf{Summary} \\ \onslide<2,4>{\levelcircle{green!50!black} Major Advantage & Wyoming has a unique advantage\\ \levelcircle{green!80!black} Moderate Advantage & Wyoming has non-unique advantage\\ \levelcircle{green!45} Minor Advantage & Status quo development}\\ \hline \onslide<3,4>{\levelcircle{yellow!100} Minor Obstacle & Financial support and status quo development\\ \levelcircle{orange} Moderate Obstacle & Financial support or industry change\\ \levelcircle{red} Major Obstacle & Significant financial and industry change\\ \levelcircle{red!60!black} Severe Obstacle & Impossible\\} \end{tabularx} \end{table} \end{frame} %%%%%%%%%%%%%%%%%%%%%% \begin{frame} \frametitle{Cost and Benefits: Is it worth it?} \only<1-3>{\textbf{Direct Benefits and Costs} \begin{enumerate} \item<1->{Producer surplus} \begin{itemize} \item<1->{Revenue-Costs} \item<1->{Cost can be an input to other producers} \end{itemize} \item<2->{Consumer surplus} \begin{itemize} \item<2->{Private value} \item<2->{Lower electricity costs} \item<2->{Better stability} \end{itemize} \item<3->{Taxes} \begin{itemize} \item<3->{Government spending value} \end{itemize} \end{enumerate} } \only<4-7>{ \begin{columns} \begin{column}{0.6\textwidth} \textbf{Indirect Benefits and Costs} \begin{enumerate} \item<4->{Externalities} \begin{itemize} \item<5->{Positive} \item<5->{Negative} \end{itemize} \item<6->{Indirect and induced spending effects (More consumer and producer surplus)} \item<7->{Opportunity Costs: What else could you do with the money?} \end{enumerate} \end{column} \begin{column}{0.4\textwidth} \includegraphics[width=\textwidth]{Gas_Power.jpg} \vfill \includegraphics[width=\textwidth]{Park.jpeg} \end{column} \end{columns} } \only<8-9>{ \begin{itemize} \item<8->{\textbf{Total Benefits and Costs (Yes\(/\)No)}} \item<9->{\textbf{Does everyone benefit? } \begin{itemize} \item{What can help?} \end{itemize} } \end{itemize} \vfill \begin{columns} \begin{column}{0.33\textwidth} \includegraphics[width=\textwidth]{Reactor.png} \end{column} \begin{column}{0.45\textwidth} \includegraphics[width=\textwidth]{Cask.png} \end{column} \end{columns} } \end{frame} %%%%%%%%%%%% \begin{frame}[plain] \centering \huge Manufacturing \end{frame} \begin{frame}{Obstacles} \centering \begin{table}[htbp] \centering \begin{tabular}{l l} \rowcolor{gray!15} \multicolumn{2}{c}{\textbf{Key Wyoming Advantages}} \\ \onslide<1->{\levelcircle{green!50!black} Major Advantage & Tax exemption for manufacturing\\ \levelcircle{green!80!black} Moderate Advantage & Existing industries that could pivot}\\ \rowcolor{gray!15} \multicolumn{2}{c}{\onslide<2->{\textbf{Key Wyoming Obstacles}}}\\ \onslide<2->{\levelcircle{yellow!100} Minor Obstacle & Comparative advantage\\ \levelcircle{yellow!100} Minor Obstacle & Tied to nuclear energy economics} \end{tabular} \end{table} \onslide<3->{ \textbf{What is required to aquire the industry?} \begin{itemize} \item{Wyoming tax incentives will be enough if nuclear growth continues} \item{Attracting large industries from overseas would require additional incentives} \end{itemize} } \end{frame} %%%% \begin{frame}{Direct Effects} Total direct value add of \$2.27 million per year, \$1.87 million of Wyoming GDP contribution\footnote{Assume an existing Wyoming manufacturing firm adds 20 new employees to produce nuclear components.}. \begin{columns} \begin{column}{0.5\textwidth} \textbf{Benefits} \begin{itemize} \item{20 employment} \item{\$1.7 million in employee compensation} \item{\$500 thousand in profit} \item{\$18.4 thousand for county taxes.} \item{\$420 thousand in U.S. taxes.} \end{itemize} \end{column} \begin{column}{0.5\textwidth} \textbf{Costs} \begin{itemize} \item{\(\approx\)\$13 thousand benefits moved from State taxes to profit.} \item{14 tons of non-toxic waste products.} \item{1 acre of land used.} \end{itemize} \end{column} \end{columns} \end{frame} \begin{frame}{Indirect Effects} \begin{columns} \begin{column}{0.5\textwidth} \textbf{Benefits} \begin{itemize} \item{12 employment} \item{\$672 thousand in employee compensation} \item{\$220 thousand in profit} \item{\$37.5 thousand for county taxes} \item{\$70 thousand for State taxes} \item{\$170 million in U.S. taxes} \end{itemize} \end{column} \begin{column}{0.5\textwidth} \textbf{Costs} \begin{itemize} \item{20 tons of non-toxic waste products.} \end{itemize} \end{column} \end{columns} \vfill Total indirect value add of \$1.24 million per year, \$1.07 million of Wyoming GDP contribution. \end{frame} \begin{frame}{Overall Considerations} \begin{itemize} \item{\$2.9 million in Wyoming GDP increase} \item{32 added employees} \item{24 tons of non-toxic waste} \item{No (or minor) radioactivity considerations} \end{itemize} \vfill \begin{columns} \begin{column}{0.5\textwidth} \textbf{Who Benefits?} \begin{itemize} \item{Industry employees} \item{Local business} \item{Nuclear power plant operators} \item{Local and State government amenities} \end{itemize} \end{column} \begin{column}{0.5\textwidth} \textbf{Who might be harmed?} \begin{itemize} \item{No clear individuals with substantial costs.} \item{Local taxes could compensate if some increase traffic or other costs.} \end{itemize} \end{column} \end{columns} \end{frame} %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% \begin{frame}[plain] \centering \huge Nuclear reactor \end{frame} %%%% \begin{frame}{Obstacles} \centering \begin{table}[htbp] \centering \begin{tabular}{l l} \rowcolor{gray!15} \multicolumn{2}{c}{\textbf{Key Wyoming Advantages}} \\ \levelcircle{green!50!black} Major Advantage & Tax exemption for advanced reactors\\ \levelcircle{green!80!black} Moderate Advantage & Coal power plant co-location\\ \rowcolor{gray!15} \multicolumn{2}{c}{\onslide<2->{\textbf{Key Obstacles}}}\\ \onslide<2->{\levelcircle{red} Major Obstacle & Prices suppressed by natural gas\\ \levelcircle{orange} Moderate Obstacle & Experience needed to reduce costs} \end{tabular} \end{table} \onslide<3->{ \textbf{What is necessary to acquire the industry?} \begin{itemize} \item{Financial support required to make nuclear a cheaper alternative to natural gas} \item{\$2 billion of support for TerraPower overcomes this, Wyoming a feasible location.} \end{itemize} } \end{frame} \begin{frame}{Job Impacts} \includegraphics[width=\textwidth]{Jobs.png} \end{frame} %\begin{frame}{Wyoming Tax Impacts} % \includegraphics[width=\textwidth]{Taxes.png} %\end{frame} %%%%%%%%%%%%%%%%%%%%%%%% \begin{frame}{Direct Construction Effects} Total direct value added of \$629 million, \$408 million of Wyoming GDP contribution, \$49 million at the county level\footnote{Discount at 5\% and average employment over all years of construction.}. \vfill \begin{columns} \begin{column}{0.33\textwidth} \textbf{Benefits Wyoming} \small \begin{itemize} \item{748 employment} \item{\$365 million in employee compensation} \item{\$9.6 million in sales tax.} \item{\$33 million in property tax.} \end{itemize} \end{column} \begin{column}{0.33\textwidth} \textbf{Benefits Local} \small \begin{itemize} \item{37 employment} \item{\$18.25 million in employee compensation} \item{\$3 million county sales taxes} \item{\$28 million in county property tax.} \end{itemize} % \textbf{Other Benefits} % \small % \begin{itemize} % \item{\$97 mill. U.S. taxes.} % \item{\$124 mill. profit} % \end{itemize} \end{column} \begin{column}{0.33\textwidth} \textbf{Costs} \begin{itemize} \item{Increased traffic accidents worth \$11.8 million to avoid.} \item{490 thousand tons of non-toxic waste products.} \item{43 tons of RCRA toxic waste.} \end{itemize} \vfill \end{column} \end{columns} \end{frame} \begin{frame}{Indirect Construction Effects} Total indirect value add of \$126 million, \$94 million of Wyoming GDP contribution. \vfill \begin{columns} \begin{column}{0.5\textwidth} \textbf{Benefits} \small \begin{itemize} \item{239 employment} \item{\$52 million in employee compensation} \item{\$41 million in profit} \item{\$17.1 million in Wyoming tax.} \begin{itemize} \item{\$5.6 million in county taxes} \item{\$11.5 million State} \end{itemize} \item{\$15.5 million in U.S taxes} \end{itemize} \end{column} \begin{column}{0.5\textwidth} \textbf{Costs} \begin{itemize} \item{2,425 tons of non-toxic waste products} \item{85 tons of RCRA toxic waste.} \end{itemize} \end{column} \end{columns} \end{frame} %%%%%%%%%%%%% \begin{frame}{Operating Effects} Total value added of \$150 million per year. However money can leave the State. \vfill \begin{columns} \begin{column}{0.5\textwidth} \textbf{Benefits Wyoming} \small \begin{itemize} \item{Between 371 and 516 employment} \item{Between \$50 and \$75 million in compensation} \item{\$14 million in State taxes.} \begin{itemize} \item{\$4 million in county taxes} \end{itemize} \end{itemize} \end{column} \begin{column}{0.5\textwidth} \textbf{Costs} \begin{itemize} \item{Opportunity Cost: Gas conversion} \item{970 tons of non-toxic waste} \item{Accident risk} \item{Personal preference to avoid nuclear} \end{itemize} \end{column} \end{columns} \end{frame} %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% \begin{frame}{Overall Considerations} \begin{itemize} \item{Signficant Wyoming GDP increase} \item{Impacts are not uniform over time or space} \end{itemize} \vfill \begin{columns} \begin{column}{0.5\textwidth} \textbf{Who Benefits?} \begin{itemize} \item{Skilled Industry employees} \item{Local business} \item{Most consumers} \item{Local and State government amenities} \end{itemize} \vfill \end{column} \begin{column}{0.5\textwidth} \textbf{Who might be harmed?} \begin{itemize} \item{Coal or gas specific skills } \item{Spent fuel managment} \item{Infrastructure and houseing load} \item{National tax payers} \end{itemize} \end{column} \end{columns} \end{frame} %%%%%%%%%%%%%%%%% \begin{frame}[plain] \centering \huge Conclusion and Questions \end{frame} %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% \end{document}