A new study of contemporary nuclear industry cost projections, previously unavailable to the public, provides new insight into a potential path breaking cost trend for the next generation of advanced nuclear plants, writes Dan Yurman, specialized nuclear energy reporter who runs the blog NeutronBytes. According to the study, advanced nuclear companies are forecasting cost targets at nearly half the cost of conventional nuclear plants, dramatically improving the value proposition of nuclear energy and presenting a highly cost‐competitive alternative to other baseload options. The peer reviewed study, undertaken by the Energy Innovation Reform Project (EIRP), with data collection and analysis conducted by the Energy Options network (EON) on its behalf, compiled extensive data from eight advanced nuclear companies that are actively pursuing commercialization of plants at least 250 MW in size.
Energy Post 21st Aug 2017 read more »