Your friend @googs will be voting for Albo soon kingy !Simon Holmes à Court, a player in these debates as an energy analyst and convener of the Climate 200 fundraising body, says only five large-scale nuclear projects havereached construction stage in North America and western Europe this century.
Four have been hit by substantial delays and cost overruns. In each case construction has taken more than twice as long as initially forecast. The price tags have ended up being somewhere between double and six times initial estimates.
One, Finland’s Olkiluoto 3, came online last year, 21 years after it was announced and 13 years after it was expected to be operational. The other three – Flamanville in France, Vogtle in the US, and Hinkley Point C in the UK – are expected to take between 18 and 24 years from announcement to generation.
A fifth large project at the Virgil C Summer plant in South Carolina was cancelled in 2017 after more than A$13bn had been spent when it became too expensive to justify.
