New nuclear plants could become competitive in Europe and North America if developers prioritize labor deployment, project governance and other drivers which have slashed costs in Asia, a new report shows. The U.K.’s Energy Technologies Institute (ETI) recently published its report into cost drivers and cost reduction opportunities for nuclear new build projects. Launched in October, the Nuclear Cost Drivers Project is the first evidence-based study of global nuclear construction costs. The six-month study aimed to identify why recent nuclear projects in North America and Europe have been plagued by schedule delays and cost increases. The researchers studied 33 nuclear plant units and focused on plants that were either operational or due for completion in 2018.
Nuclear Energy Insider 6th June 2018 read more »