With the average cost to build a new nuclear reactor sitting around the $9B mark, it is clear that new build projects in the US will represent a huge spend for utilities. With the costs for nuclear new build sitting so high, many utilities are looking at other routes to provide the ever-increasing need for energy.
Exelon, one of the leading
“Nuclear plants typically gain between 1.7% and 20% more power output when successfully completing power uprate projects. This is anticipated to be done with approximately half the capital cost of building a new plant and with no added long term O&M costs.”
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Dean Murphy
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Nuclear Energy Insider
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