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A weaker statement than a flat out "nuclear power is cost prohibitive": current-gen nuclear power seems to be having serious cost problems, even in countries th
by _delirium 8y ago
A weaker statement than a flat out "nuclear power is cost prohibitive": current-gen nuclear power seems to be having serious cost problems, even in countries that previously successfully built out nuclear, and even where there is a relatively favorable political environment. Whether this is due to fundamental reasons or not is of course another question.
One example is the new-generation Électricité de France EPR design, where the first unit scheduled to be completed, at Flamanville, is way late and over budget. France has almost 100% nuclear power and has both a good safety and cost record historically, so the seeming lack of success of this project has dismayed many people: https://www.reuters.com/article/us-edf-flamanville/edfs-flamanville-reactor-start-again-delayed-to-2020-idUSKBN1KF0VN https://www.reuters.com/article/us-edf-flamanville/edfs-flam...
It's not quite as positive a political environment overall, but Westinghouse also had strong local and state-level support for its new unit in Georgia (the U.S. state), but ended up going bankrupt after cost overruns: https://www.ajc.com/business/power-seeks-best-path-forward-plant-vogtle/wSbTGghVhOn2Oi6mbY3sfP/ https://www.ajc.com/business/power-seeks-best-path-forward-p...
Obviously cost overruns at two plants is a very small sample size, so it could be due to non-fundamental features, like severe mismanagement. But given that there aren't that many large-scale projects going on, the two biggest Western ones both running into major trouble has really hurt prospects for more funding/support. If even one of these had been a clear success, the outlook would be much better.
- TheHypnotist 8y agoIn my locality, a glut of natural gas is putting pressure on Nuclear costs. They simply can't compete because NG is so plentiful.