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Stan Kaplan's picture
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B.A., 1974, History, Rutgers University M.A., 1977, Public Policy, Lyndon Baines Johnson School of Public Affairs, University of Texas at AustinExpertise: Electric power and fuel marketsStan has...

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  • Jul 15, 2020
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Very interesting article that helps explain why the EPR projects in Finland and France have been so troubled.

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Matt Chester's picture
Matt Chester on Jul 15, 2020

The financial challenges are major, with the cost of construction of three pairs of EPR2 reactors being estimated at EUR46 billion (2018 value)," the Cour des Comptes notes. "Taking into account their duration of construction, production and dismantling, the decision to build or not to build future EPRs will have consequences until the 22nd Century.

That phrasing, using 'the 22nd Century' as a timeline, really hammers home the point!

Bob Meinetz's picture
Bob Meinetz on Jul 16, 2020

"...a lack of awareness of the loss of technical competence of industrialists in the sector..."

No loss of technical competence of industrialists in the sector, but a loss of industrialists in the sector.

Reminds me of an interview with Tim Cook, CEO of Apple Computer. When asked why he was paying $11 apiece for four screws needed for the cover of each iMac, he replied, "because we have to have them shipped from China."

Interviewer: "Why don't have them made in the U.S.?"

Cook: "Because there isn't a machine shop in the U.S. capable of making the screws to specification."

If the U.S. (or France, probably) can't make a screw to spec anymore, should we be surprised we can't make a nuclear reactor? Meanwhile, Russia and China, which make both excellent screws and nuclear reactors, are eating our lunch in global sales of both. Russia has 38 reactors in various stages of construction in Belarus, Bangladesh, Turkey, India, China, Finland, Iran, Armenia, Egypt, Hungary, Uzbekistan, Bulgaria, Ukraine, South Africa, Nigeria, Argentina, Algeria, Jordan, Vietnam, and Indonesia.

Anyone who believes the country providing power to the world doesn't hold its  geopolitical power hasn't been paying attention - and we're not talking about solar panels.

 

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