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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.
Anna Hall, Jeffrey C. Joe
Nuclear Technology | Volume 210 | Number 12 | December 2024 | Pages 2290-2298
Research Article | doi.org/10.1080/00295450.2024.2380228
Articles are hosted by Taylor and Francis Online.
Within the current U.S. nuclear power fleet, main control room modernization (CRM) is an important step toward cost savings. In recent decades, plants have been engaged in upgrades to varying degrees. This process requires a nuanced, balanced, and timely approach that ensures continued safety and long-term sustainability. In 2012, a survey was issued to individuals from the nuclear industry to learn their perspectives on a range of CRM issues. The survey targeted the benefits and challenges for utilities undertaking this process, including the main drivers and barriers to technology upgrades, regulatory compliance, and the effects these factors have on concepts of operations, strategic approaches, and staffing. In 2022, the survey was issued again to understand whether CRM perceptions had changed in the last 10 years. Our findings identify changes in industry thinking from a decade ago. We reveal perspective shifts that represent increased optimism, and in some instances, increased doubt regarding the opportunities and challenges inherent in CRM and implementation. We also report nuanced differences in CRM perspectives between utility and surrounding nonutility nuclear industry respondents.