The Energy Technologies Institute has launched a new project that will look at potential cost reductions for nuclear power stations. The project aims to find ways in which nuclear power can become an attractive industry to investors, learning lessons from renewable industries such as offshore wind, which has demonstrated workable routes to getting costs down through research and development. The Nuclear Cost Drivers Project hopes to study and analyse historic, contemporary and future nuclear power projects to identify those areas of NPP design, construction and operation that have the greatest influence on costs and identify credible potential cost reductions. The project is led by CleanTech Catalyst Ltd, working with Lucid Strategy. Dr Tim Stone will act as an independent reviewer. The project will run until April 2018.
Modern Power Systems 31st Oct 2017 read more »
