3 ms·
I don’t know, but new nuclear projects in the West tend to be extremely late and over budget even with friendly regulators. Olkiluoto 3 in Finland is a Gen 3 r
by pavlov 3y ago
I don’t know, but new nuclear projects in the West tend to be extremely late and over budget even with friendly regulators.
Olkiluoto 3 in Finland is a Gen 3 reactor that just came online earlier this year. Its original target date was 2010. The original budget was 3 billion euros, but the final cost was over 11 billion.
The project was of great national importance because this single unit provides around 14% of power to the country, and the Finnish nuclear power regulator was extremely motivated to make it happen. So the delays and cost overruns were not due to red tape.