The European pressurized water reactor Olkiluoto 3 has long since developed into a Finnish BER – at least twelve years too late, three times as expensive as planned. And he’s far from being online. The same goes for the new Hanhikivi project: years behind before construction began . But the Finnish nuclear lobby is already planning another nuclear energy adventure: the construction of so-called Small Modular Reactors (SMR). Paul Dorfman of the UK UCL Energy Institute and co-author of an SMR study by the Nuclear Consulting Group estimates that small reactors would provide increasingly expensive energy due to the cost of materials and personnel : the massive investments that would be required to create a supply chain that Replacing the economies of scale of large reactors with the advantage of series production would make the investment risk for SMR even higher than for standard reactors.
Taz 26th Oct 2020 read more »