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by logifail 1466 days ago
> because everyone is terrified of nuclear, regulations may require an absurd level of safety expenses that no other energy producer is burdened with

"The researchers start out with a historic analysis of plant construction in the US. The basic numbers are grim. The typical plant built after 1970 had a cost overrun of 241 percent—and that's not considering the financing costs of the construction delays [..] while safety regulations added to the costs, they were far from the primary factor [...] In the end, the conclusion is that there are no easy answers to how to make nuclear plant construction more efficient. And, until there are, it will continue to be badly undercut by both renewables and fossil fuel."[0]

[0] https://arstechnica.com/science/2020/11/why-are-nuclear-plan...

1 comments

The cost overruns are inherent in the process. Actual cost is actual cost.

Really, actual cost is much more than reported cost, because disaster insurance and decommissioning are always omitted from cost accounting.