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NN Asks: What hurdles stand in the way of nuclear power’s global expansion?
Jake Jurewicz
Nuclear technology is mature. It provides firm power at scale with minimal externalities and has done so for decades. The core problem isn’t about the technology—it is how the plants are built. Nuclear construction has a well-documented history of cost and schedule overruns. Previous nuclear plants often spent more than twice what was first budgeted, making nuclear among the power technologies with the largest average cost overruns worldwide.
Recent projects illustrate how severe the problem can be. In South Carolina, the V.C. Summer nuclear expansion saw projected costs rise from roughly $10 billion to more than $25 billion before the project was abandoned in 2017, by which time more than $9 billion had already been spent and customers were stuck paying for a site they have yet to benefit from.
Berna Tuncer, Aysen D. Akkaya, M. Semih Yucemen
Nuclear Technology | Volume 210 | Number 8 | August 2024 | Pages 1366-1391
Research Article | doi.org/10.1080/00295450.2023.2299078
Articles are hosted by Taylor and Francis Online.
Nuclear energy is an important alternative energy source. However, construction of nuclear power plants (NPPs) requires the consideration of environmental, economic, socioeconomic, health, and safety factors since using such an energy source involves some risks during the operation lifetime of a NPP. Accordingly, the selection of the most suitable site for a NPP yields a multicriteria decision making (MCDM) problem. Natural hazards, health hazards, environmental conditions, population density, and the availability of water resources are among the main factors that should be considered. To demonstrate the application of the proposed methodology, two previously identified NPP sites in Turkey, specifically, Mersin-Akkuyu and Sinop-Abalı, are compared utilizing the multicriteria utility functions.
In the comparison of these two sites, seismic hazard, tsunami hazard; extreme wind hazard; distance to facilities; population density; proximity to the city center; existence of forests, natural parks, nature conservation areas, and natural monuments; biodiversity; and immovable cultural heritage have been identified as the most important critical criteria and are evaluated concerning the utility functions developed for each criterion. The optimal site is selected within the framework of the MCDM rules, and is recommended as the output of the study.