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by fundatus
1392 days ago
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> Nuclear power is cheaper when built in serial production. That's the basic conclusion of any analysis of the history of nuclear power construction. There's nuance as to why, but the basic pattern is that putting an order of 40 steam generators is cheaper than a run of just 4 of them. Similar deal with specialized pumps and other nuclear power components. Suppliers can re-use infrastructure and expertise, and get better deals on input materials by guaranteeing a stable demand. Unintuitively though, this is incorrect - both for France[1] and the US[2]. Building subsequent versions of the same reactor design increases the cost - instead of it staying the same or going down. [1] https://www.sciencedirect.com/science/article/abs/pii/S03014... [2] https://news.mit.edu/2020/reasons-nuclear-overruns-1118 |
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Here's a publication that points this out. In fact, it calls out the article you linked specifically: https://www.sciencedirect.com/science/article/pii/S030142151...
See that cluster in the late 60s and early 70s: https://ars.els-cdn.com/content/image/1-s2.0-S03014215163001...
That's the benefits of scale. The slower pace of construction after that is accompanied by higher costs.