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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.
Laura Price, Halim Alsaed, Eduardo Basurto, Alex Salazar, Gregory Davidson, Mathew Swinney
Nuclear Technology | Volume 210 | Number 9 | September 2024 | Pages 1549-1566
Research Article | doi.org/10.1080/00295450.2023.2277028
Articles are hosted by Taylor and Francis Online.
The U.S. Department of Energy is funding research into studying the consequences of postclosure criticality on the performance of a generic repository by (1) identifying the features, events, and processes (FEPs) that need to be considered in such an analysis, (2) developing the tools needed to model the relevant FEPs in a postclosure performance assessment, and (3) conducting analyses both with and without the occurrence of a postclosure criticality and comparing the results. This paper describes progress in this area of research and presents the results to date of analyzing the consequences of a postulated steady-state criticality in a hypothetical saturated shale repository. Preliminary results indicate that postclosure criticality would not affect repository performance.