Nuclear Plant Construction Delay and Cost 3

Reactor vessel delivered to Calvert Cliffs; from brochure in Will Davis collection.

The year 1971 saw a continuation of the general trend of rising capital costs for all types of power plants, described by the U.S. Atomic Energy Commission (AEC) in its publication for 1971 as having "risen rather rapidly."  According to the AEC, the aggregate major causes for the increases in costs specific to nuclear electric power plants were as follows, with author's analysis accompanying each: