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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.
Herwig R. Müller, Ingo Blechschmidt, Stratis Vomvoris, Tim Vietor, Maurus Alig, Matthias Braun
Nuclear Technology | Volume 210 | Number 9 | September 2024 | Pages 1740-1747
Note | doi.org/10.1080/00295450.2023.2262298
Articles are hosted by Taylor and Francis Online.
Nagra, the National Cooperative for the Disposal of Radioactive Waste, in Switzerland, is realizing a project of the century: the planning, construction, operation, and closure of a deep geological repository (DGR) for the nation’s radioactive waste. The site selection process for a DGR is regulated by a three-stage process described in the Sectoral Plan, which the Federal Government approved in 2008. An overconsolidated shale, the Opalinus Clay, was selected as the most suitable rock formation as a result of Stage 2 of the Sectoral Plan. The three remaining siting regions were investigated in detail during Stage 3, including more than 12.5 km of exploratory boreholes drilled since 2018 and high-resolution, three-dimensional seismic surveys covering an area of approximately 250 km2. In September of 2022, Nagra proposed Nördlich Lägern as the preferred siting region for a combined repository in Northern Switzerland. Nagra plans to submit the corresponding general license application to the authorities by the end of 2024.
