citing the extraordinary expenses of modern nuclear construction. The overnight cost of new European-built reactors, which excludes financing during construction, exceeds €10m per megawatt.
Nuclear has been a big topic lately. The Biden administration wants to triple nuclear energy production by 2050. Plus, tech giants are looking to incorporate nuclear power into their energy mix.
President Emmanuel Macron announced plans in early 2022 for six new reactors with a total production capacity of about 10 gigawatts to partly replace an ageing nuclear fleet and secure future ...