On the jobs side, experts at Virginia Tech put pencil to paper:
Power plant yearly impact $400 million-plus
By Keith Strange, coalfield.com
Economists with Virginia Tech say the planned Virginia City Hybrid Energy Center in St. Paul will provide more than $439 million a year to the Wise County economy. According to an economic impact study conducted by Virginia Tech’s Office of Economic Development, the county stands to realize about $311.8 million during the construction phase of Dominion Virginia Power’s plant (2007-2012), with projected employment during construction contributing to as many as 1,358 jobs in 2010. (link requires paid subscription)
Here's how it breaks down:
And if the introduction of this new plant knocks down the rising cost of electricity, even a little bit, everyone benefits.
Even sweeter ...
Chart courtesy of Virginia Tech and The Coalfield Progress.
* You'll notice no wild claims about a "tourism" windfall in this study. It therefore has to be legitimate.