Cost drivers of nuclear steam cycle construction

May 20, 2022, 3:00PMNuclear NewsDaniel Moneghan

Interest in reducing carbon emissions around the world continues to climb. As a complement to the increasing deployment of variably generating renewables, advanced nuclear is commonly shown in net-zero grid modeling for 2050 because it represents firm electricity production that can flex in output with load demands.¹ However, these projections are challenged by the high levelized cost of electricity associated with legacy nuclear construction, which is often more than double that of modern combined-cycle gas turbine (CCGT) plants.

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Cost drivers of nuclear steam cycle construction

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