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Cost of new nuclear plants ‘often 18% more than expected’ via Energy Live News

By Johnny Blairstow

Researchers say developers might be better off focusing on ‘lower risk’ technologies such as wind or solar power instead

The cost of building new nuclear power plants is often nearly a fifth more than expected because of construction delays.

That’s according to researchers from Imperial College London, the Universidade Federal do Rio de Janeiro and the University of Minho, who say since 2010, delays have contributed to average project costs in the sector by 18%.

[…]

The report claims usually, as technologies mature and experience is gained in construction, costs come down.

However, it suggests nuclear projects are not matching these expectations, with costs currently increasing, especially for projects implemented since 2010.

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