this post was submitted on 28 Dec 2023
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[–] RubberElectrons@lemmy.world 1 points 8 months ago (4 children)

Jesus, it went from $14bn to over $30bn in cost overruns? That's embarrassing.

[–] Goodie@lemmy.world 1 points 8 months ago

That's the engineering knowledge lost over the last 30 years costed out.

Making 2 reactors since 95 has some side effects, a lot of the senior engineers since then have retired, standards have changed, and new engineers need to learn.

[–] grue@lemmy.world 0 points 8 months ago (1 children)

Cost-plus contracts are a Hell of a drug.

The whole project has been a huge unjust wealth transfer directly from ratepayers to shareholders, and the regulatory-captured Georgia Public Service Commission just let it happen.

(If I sound bitter, it's because I'm one of the ratepayers getting screwed.)

[–] Diplomjodler@feddit.de 0 points 8 months ago

Yeah, that's a pretty good assessment of nuclear power in general.

[–] Diplomjodler@feddit.de 0 points 8 months ago

But pretty normal.

[–] knatsch@feddit.de 0 points 8 months ago

yeah nuclear is fucking expensive

  1. I thought it had been longer than that since we commissioned a nuclear power plant, and
  2. Does one every eight years or so feel like a decent rate for building these things?
[–] Diplomjodler@feddit.de 0 points 8 months ago

So how does the cost overrun impact the LCOE?