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Looking at the costs of e.g. Hinkley Point c, this feels right. I do wonder, though, what the costs would look like if a big country like the US built, say, 40
by RobinL 6y ago
Looking at the costs of e.g. Hinkley Point c, this feels right.
I do wonder, though, what the costs would look like if a big country like the US built, say, 400 Hinkley Point Cs. What economies of scale would you see? You could probably get a sense by looking at the marginal build costs were associated with some of the last French plants during the 1970s-early 1990s construction boom, when they built over 50 plans.
- fuoqi 6y agoYou can get a rough measurement of the scale effect by comparing Hinkley Point C and Olkiluoto with cost of new VVER plants and time which it takes to build them.
- ttul 6y agoEven hydro power can have cost overruns. See the Site C project in British Columbia for example. Massively over budget, yet the province absolutely needs this source of carbon free electricity to support its energy needs in the coming decades.