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Wheeee posted:Which is why it's basically dead in It works in China because they use standardization and have a much saner and more progressive regulatory agency. With standardization, you build a bunch of identical power plants instead of single special snowflake plants, which reduces inspection time/cost and construction time/cost due to each subsequent plant being more familiar. quote:By way of contrast, China has stated that it expects its costs for plants under construction to come in at less than $2000/kW and that subsequent units should be in the range of $1600/kW. This estimate is for the AP1000 design, the same as used by EIA for the USA. This would mean that an AP1000 in the USA would cost about three times as much as the same plant built in China. Different labour rates in the two countries are only part of the explanation. Standardised design, numerous units being built, and increased localisation are all significant factors in China. http://www.world-nuclear.org/info/Economic-Aspects/Economics-of-Nuclear-Power/ In the US, standardization is difficult because you still need to build a single plant "standard" first, which can take up to two decades and would carry an extremely high cost, just like any other plant. No one has the time or money to do this. Instead, US nuclear companies are trying to shrink their new nuclear plants down to a Small Modular format, to make them mass-producible in factories. We can expect these to get through development and inspection and licensing some time before the next ice age.
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Sep 20, 2014 15:58
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and being pursued in places like 
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