31 Realising Australias uranium potential Importantly the economic analysis presented in this report is based on Australian uranium remaining an export business The estimates of the economic payoff that could result if a complementary power generation industry and other fuel cycle activities were also to develop have not been calculated Canada also has operational nuclear power plants It may be that nuclear power capacity provides an incentive to ensure consistent mining policy This would suggest the Australian uranium industry would beneft from the establishment of domestic nuclear power industries in the form of more consistent uranium mining policy A survey of international literature demonstrates that there are potentially signifcant benefts F or example US studies have calculated the contribution of nuclear power generating stations to be as large as US13 billion providing employment for more than 10000 individuals 21 A recent study in the United Kingdom also demonstrated the potential economic beneft estimating additional employment could amount to of 32000 jobs and a signifcant increase in GDP 22 Box 4 summarises the Canadian experience outlining three signifcant benefts Australia could realise if it developed its natural endowment 2014 2013 2012 2011 2010 Northern T erritory 010 005 003 008 018 South Australia 012 008 011 017 017 Canada 002 006 002 012 014 T able 13 The best practice current potential gap Source Fraser Institute authors calculations Scores of larger magnitude represen t greater opportunities for improvement US studies have calculated the contribution of nuclear power generating stations to be as lar ge as US13 billion