Yet another looming nuclear construction disaster in the UK.
Hinckley Point is already a black eye for EDF and British Nuclear hopes coming in so far at 8x the initial estimated cost, and delays mean that since the deal was signed and announced in 2008 and the earliest estimated commissioning date in 2029-2031 means 21 years from conception to completion at best. There's a snowball's chance in hell it isn't delayed further.
Now, Sizewell C is supposed to benefit from significantly cost and timeline wise as they're simply replicating Hinckley design. This is why you see much lower cost estimates here for now construction in NA after the Vogtle plant in Georgia went more than $20 Billion and 7 years over plan. The idea is, now we know how to build them so they'll be cheaper. Today it was announced that Sizewell C will double to $40B in cost and construction is to start this month after agreeing to and announcing this project in 2015. This is not a good sign moving forward for these mega projects.
I sincerely would like nuclear to work because it is so much better than fossil fuels, but the economics and timelines make me extremely doubtful of its contribution.
Last edited by Street Pharmacist; 01-15-2025 at 07:36 AM.
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