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Hinkley Point C, started 12 years later, is going swimmingly I hear! Going to cost the consumers ~$150/MWh and it is starting to look likely that EDF even at th
by Gwypaas 3y ago
Hinkley Point C, started 12 years later, is going swimmingly I hear! Going to cost the consumers ~$150/MWh and it is starting to look likely that EDF even at that incredibly high price takes a loss on it.
> Since construction began in March 2017, the project has been subject to several delays, including some caused by the COVID-19 pandemic,[10] and this has resulted in significant budget overruns. As of May 2022, the project is two years late and the expected cost is £25–26 billion,[11] 50% more than the original budget from 2016. It is currently planned to be commissioned in June 2027 and has a projected lifetime of 60 years. In February 2023, EDF announced that costs would rise to £32.7bn and completion would be delayed by a further 15 months to September 2028.[2][12]
https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_station https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_...
- sofixa 3y agoStarted before all problems had been fixed with Flamanville and Olkiluoto, it's a part of the initial generation.
- Gwypaas 3y agoIs not the definition of insanity is doing the same thing over and over and expecting different results?
- epistasis 3y agoDo you have any examples of a very high cost reactor dropping by a significant amount on a subsequent build? South Korea was able to eke our small decreases in cost (though some people have ended up in jail for falsifying record keeping). But otherwise, costs tend to rise. And I'm definitely not aware of a drop of 50% or so, to bring these excessive costs into the realm of competitiveness.