Building a new nuclear power plant is challenging. Nuclear construction projects always seem to be behind schedule and over budget. Even in the late 1960s and early 1970s—arguably nuclear power’s heyday—when plants were being planned all over the U.S. and government regulations were still nascent, projects were difficult to finish. According to one report, 253 reactors were ordered in the U.S. from 1953 to 2008, but almost half were never completed, being either canceled or abandoned after significant investments were made. Delays and cost overruns are not isolated to U.S. projects; poor results can be found in nearly every country that has ever pursued nuclear power as part of its energy mix. Numerous studies have been done over the years in an attempt to understand the problems and resolve the issues, but new units have still found themselves behind schedule and over budget. Vogtle Units 3 and 4 in the U.S., Flamanville 3 in France, and Olkiluoto 3 in Finland are current-day examples, among others.
Power Mag 2nd Aug 2020 read more »
Dr Fiona Rayment OBE, Chief Science and Technology Officer at the National Nuclear Laboratory (NNL): How nuclear energy will be crucial in achieving net-zero carbon emissions post-Coronavirus. As the UK begins to emerge from lockdown, there have been calls from business leaders and senior figures in government for ‘Building Back Better’ – an initiative aimed at ensuring the Coronavirus recovery plan prioritises climate change. With the International Energy Agency Chief warning that the world has just six months to prevent a post-lockdown rebound in emissions and avert a future climate crisis, it’s essential, now more than ever, that the UK honours its commitment to reaching net-zero carbon emissions by 2050.
Energy Voice 3rd Aug 2020 read more »