Ingersoll, E, Gogan, K and Locatelli, G orcid.org/0000-0001-9986-2249 (2020) Managing Drivers of Cost in the Construction of Nuclear Plants. The Bridge, 50 (3). pp. 32-37. ISSN 0737-6278
Abstract
To make a meaningful contribution toward clean, reliable, and economical future energy systems, nuclear power plants (NPPs) must be cost and risk competitive with other low-carbon technologies within near-term timeframes. Recent new builds in the United States and western Europe have suffered from two phenomena. First, they are expensive in absolute and relative terms: the cost per MW installed, along with the size of the plant, makes them among the most expensive power plants of any type. Second, they have all been delivered overbudget and late, making the construction of an NPP a risky investment, which in turn increases the cost of borrowing money for new projects.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 by the National Academy of Sciences. All rights reserved. Reproduced with permission from National Academy of Engineering (NAE). |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Engineering & Physical Sciences (Leeds) > School of Civil Engineering (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 24 Sep 2020 13:28 |
Last Modified: | 28 Sep 2020 09:38 |
Status: | Published |
Publisher: | National Academy of Engineering (NAE) |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:165805 |