https://particulier.edf.fr/content/dam/2-Actifs/Documents/Of...
https://particulier.edf.fr/content/dam/2-Actifs/Documents/Of...
Western counties building nukes is so expensive it makes the cost of electricity go up.
As soon as some project is being pitched by politicians as "creating thousands of local jobs" it's either DOA or will be many years late and over budget.
We've built a lot of nuclear in the last century and then largely stopped. A lot of the know how is gone which is what we're paying for now.
Also, in France, all those reactors were largely the same leading to economies of scale when building them. Everything we build today is essentially a one of so you don't get to spread that cost over multiple.
https://www.sciencedirect.com/science/article/abs/pii/S03014...
The real stickler is that just from pure lucky timing, data centers will likely be the direct beneficiaries of the third reactor coming online at the Vogle plant here in Georgia. So taxpayers foot and will foot the bill, and meanwhile our governor and mayor are tripping over themselves giving tax breaks to data centers.
Also, France can’t build new nuclear for cheap/fast anymore either. They have a program for new reactors, even if they go ahead the first one won’t come online till 2038 by the earliest. We can’t wait that long.
Flamanville 3 is 7x over budget and 12 years late on a 5 year construction program. The EPR2 program is in absolute shambles.
Currently they can’t even agree on how to fund the absolutely insanely bonkers subsidies.
Now targeting investment decision in H2 2026. And the French government just fell and was reformed because they are underwater in debt and have a spending problem which they can’t agree on how to fix.
A massive handout to the dead end nuclear industry sounds like the perfect solution!
not to say it is remains costlier than conventional sources, albeit not accounting for externalities.