Unlocking reductions in the construction costs of nuclear : a practical guide for stakeholders / Organisation for Economic Co-operation and Development and Nuclear Energy Agency.

Today, with the completion of First-of-a-Kind Gen-III nuclear reactors, the nuclear sector is at a critical juncture. These reactors have led in several parts of the world to delays and construction costs overruns that have challenged the competitiveness of nuclear power and are driving the risk per...

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Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: Ebook
Language:English
Published: Paris : Nuclear Energy Agency, Organisation for Economic Co-operation and Development, [2020]
Series:Nuclear technology development and economics.
Subjects:
Online Access:OECD
Description
Summary:Today, with the completion of First-of-a-Kind Gen-III nuclear reactors, the nuclear sector is at a critical juncture. These reactors have led in several parts of the world to delays and construction costs overruns that have challenged the competitiveness of nuclear power and are driving the risk perception of future projects. Against this background, a review of historical and recent lessons learnt from nuclear and non-nuclear project offers ample evidence that nuclear new build can be delivered cost and time-effectively. This study assesses the policy and governance frameworks needed to drive positive learning and continuous industrial performance for nuclear new build. The study also explores the risk allocation and mitigation priorities needed to define adequate financing schemes for these projects. In the longer-term, it identifies cost reduction opportunities associated with the harmonisation of code and standards and licensing regimes and new innovative designs (i.e. small modular reactors and advanced reactors).
Item Description:"NEA No. 7530.".
"The present study was prepared by Michel Berthélemy and Antonio Vaya Soler, NEA Division of Nuclear Technology Development and Economics (NTE), under the guidance of the Ad Hoc Expert Group on Reducing the Cost of Nuclear Power Generation (REDCOST)"--Acknowledgements.
Physical Description:1 online resource (134 pages).
ISBN:9264751351
9789264751354
DOI:10.1787/33ba86e1-en
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