The state of Arkansas has contacted EXCEL Services Corporation (EXCEL) to conduct a feasibility study for a new nuclear energy plant within the state.
The contract between the Rockville, Md.-based nuclear engineering and licensing service provider and Arkansas was executed on Sept. 26, according to EXCEL’s Monday press release.
The study will involve an evaluation analyzing the pros and cons associated with nuclear energy generation in Arkansas. The analysis will include economic, environmental and workforce considerations, EXCEL said.
The assessment will additionally address optimal siting, safety protocols, and nuclear technology options. Large, small and micro modular reactors will be considered, according to the release.
EXCEL said it will provide interval findings, a draft report and a final report within 10 months.
“We are honored by the confidence placed in us by the Arkansas legislature,” EXCEL CEO Donald Hoffman said in the release. “Nuclear power presents a significant opportunity to enhance the state’s energy independence, support industrial growth, and foster long-term workforce development. We are committed to delivering an assessment that is both practical and forward-looking.”
Arkansas has one nuclear power plant: Arkansas Nuclear One located in Russellville, Ark. The plant, owned by Entergy, has two pressurized water reactors that produce 1,824 megawatts.
Unit 1 began commercial operation in 1974 and Unit 2 in 1980. The plant currently employs 1,048 full-time workers and more than 100 contractors for daily plant activities, according to Entergy’s website.
According to the Energy Information Administration, Arkansas Nuclear One provided around 25% of its in-state net electricity generation in 2024.