Quote:
Originally Posted by D as in David
I have a friend who is an executive at a large O&G company and is in charge of a project looking into developing a nuclear power facility in western Canada. He says their estimates currently are showing a 10+ year time frame and over $12B to complete a SMR facility. If they're right, nuclear is ways off from being a solution.
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The current Canadian approval process does indeed mean more than 10years for a reactor facility... perhaps only the approval process, never mind the detail engineering, site prep & infrastructure (looking at you AESO), long leads, construction, and commissioning. I can't recall which country specifically, but they're apparantly looking to fast track their reactor solutions to under 5 years. By comparison how long is China taking these days to approve?
China's approving how many coal plants weekly?
https://energyandcleanair.org/public...-week-in-2022/
Nuclear varies considerably according to this link...
"On average, it took the Japanese less than 5 years to build one. In South Korea and China, less than 6 years."
https://www.sustainabilitybynumbers....struction-time