Economics of nuclear power plants
Nuclear power construction costs have varied significantly across the world and in time. Large and rapid increases in cost occurred during the 1970s, especially in the United States. Recent cost trends in countries such as Japan and Korea have been very different, including periods of stability and decline in costs.
EDF has said its third-generation Flamanville 3 project (seen here in 2010) will be delayed until 2018, due to "both structural and economic reasons," and the project's total cost had climbed to EUR 11 billion by 2012. In 2019, the start-up was once again pushed back, making it unlikely it could be started before the end of 2022. In July 2020, the French Court of Audit estimated the cost will reach €19.1 billion, more than 5 times the original cost estimate. The initial low cost forecasts for these
Olkiluoto 3 under construction in 2009. It is the first EPR design, but problems with workmanship and supervision have created costly delays which led to an inquiry by the Finnish nuclear regulator STUK. In December 2012, Areva estimated that the full cost of building the reactor will be about €8.5 billion, or almost three times the original delivery price of €3 billion.
2000 candles in memory of the Chernobyl disaster in 1986, at a commemoration 25 years after the nuclear accident, as well as for the Fukushima nuclear disaster of 2011.
A nuclear power plant (NPP) is a thermal power station in which the heat source is a nuclear reactor. As is typical of thermal power stations, heat is used to generate steam that drives a steam turbine connected to a generator that produces electricity. As of September 2023, the International Atomic Energy Agency reported there were 410 nuclear power reactors in operation in 32 countries around the world, and 57 nuclear power reactors under construction.
Angra Nuclear Power Plant in Brazil
Some nuclear reactors make use of cooling towers to condense the steam exiting the turbines. All steam released is never in contact with radioactivity.
Bruce Nuclear Generating Station (Canada), one of the largest operational nuclear power facility in the world.
Olkiluoto Nuclear Power Plant in Eurajoki, Finland. The site houses of one of the most powerful reactors known as EPR.