Planning different nuclear reactor models may become financial drain for UK
Steven Chu warns UK its nuclear plans risk becoming financial drain
Former US energy chief and Nobel physicist says UK plan to build various types of reactors is expensive and time-consuming Terry Macalister The Guardian, 17 November 2014 “……Steven Chu, the former US energy secretary and Nobel prizewinning physicist, believes using a variety of reactor designs – as the UK looks poised to do – is not the best way to keep costs down.
“Unless we can learn to build nuclear on schedule and on budget it will be a financial drain. ………
“That is true of all industries. If you build exactly the same its get cheaper, cheaper, cheaper. ……..
Atomic plants being built in Finland and France are much more expensive than forecast and are suffering significant delays but EDF, the company planning to build Hinkley Point C reactors in Somerset, says it will learn from those mistakes. While EDF plans to use an “EPR” design at Hinkley and possibly at Sizewell in Suffolk, other developers in Britain are planning different models……….
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