The purpose of the ETI’s Nuclear Cost Drivers Project was to use a data-led approach, informed by the cost base of water-cooled power reactors, to identify the cost drivers within historic, contemporary, and advanced reactor designs.
The three principal outcomes of this Project are improved understanding of:
1) the cost drivers within contemporary UK nuclear new build projects and the identification of areas of potential technical or delivery innovation which can support cost reduction;
2) the cost drivers within advanced reactor technologies and the identification of areas of potential design, technical, or delivery innovation which can support cost reduction; and
3) the relative differences in cost base between contemporary and advanced nuclear reactor technologies and the potential to achieve a step reduction in the cost of generating electricity.