Comment by epistasis
Comment by epistasis 9 hours ago
Which are the fake costs from regulation?
We have new builds in Europe of the EPR, in France and Finland, and it has had disastrous costs. China has built some too, presumably cheaper, since they keep on building more. What is the regulatory difference there?
I have yet to find any concrete defense of the idea that costs are coming from regulation, rather than the costs of construction in advanced economies.
If regulations are the cost, name them and a solution. Otherwise it seems like we are wasting efforts in optimizing the wrong thing for nuclear.
> I have yet to find any concrete defense of the idea that costs are coming from regulation, rather than the costs of construction in advanced economies.
One of the main drivers of excessive costs of construction in advanced economies are from excessive regulations, so it's really one in the same. Nuclear is obviously more regulated than other industries, and it routinely faces more frequent, longer delays and higher cost overruns than projects of comparable scale and complexity. This study [1] goes into a lot more detail.
Digging more into the details, it's all linked. The lack of regulatory clarity means that designs have to be changed more after construction starts, requirements for redundancy increase complexity, changing regulations prevents standardization, etc. Prescriptive regulations which were created decades ago limit the cost savings possible with newer technologies, like improved reinforced concrete. This study [1] goes into a lot more detail.
> Our retrospective and prospective analyses together provide insights on the past shortcomings of engineering cost models and possible solutions for the future. Nuclear reactor costs exceeded estimates in engineering models because cost variables related to labor productivity and safety regulations were underestimated. These discrepancies between estimated and realized costs increased with time, with changing regulations and variable construction site-specific characteristics.
[1] https://www.sciencedirect.com/science/article/pii/S254243512...