We have new builds in Europe of the EPR, in France and Finland, and it has had disastrous costs. China has built some too, presumably cheaper, since they keep on building more. What is the regulatory difference there?
I have yet to find any concrete defense of the idea that costs are coming from regulation, rather than the costs of construction in advanced economies.
If regulations are the cost, name them and a solution. Otherwise it seems like we are wasting efforts in optimizing the wrong thing for nuclear.
Cutting regulations isn't necessary the win people think. If safety regulations are cut, it risks accidents in future.
Nuclear needs to move from bespoke builds to serial production.
What would change in the construction process?
China builds the same designs as the EU and US, yet faster. What is different?
I saw toooooooons of reports of construction mishaps in the US at Vogtle and Summer. I didn't see anything about "oh if we changed this sort of regulation it would have saved us money."
It's a very worthwhile to read the retrospectives on these builds. There are lots of plans of future builds of the AP1000 that would be cheaper, but none of the plans even indicate that a regulation change would help.
I beg of people who say regulations are in the way: which regulations? Concretely, what should change to make construction cheaper? Pun intended.
This means that the design can change multiple times during construction, which both slows construction and exposes the project to even more safety design changes.
Ironically, the creaky old plants that were built long ago don't need to adopt such new safety requirements. They are grandfathered in, but can't be economically replaced because the costs of a replacement are artificially inflated.
A car analogy would be that we continue driving 1955 Chevy Bel-Airs with no seat belts since an up-to-date car is too expensive to develop, since we can't start production until the latest LIDAR and AI has been added. Once the LIDAR is in, pray that there's no new self-driving hardware released before full production, or we'll have to include that too.
Look at Vogtle and Summer, who were so expensive and disastrous that the Summer build was abandoned with billions of dollars sunk in construction.
Nothing was changed on the regulatory side, and it was licensed under a new regulatory model requested by industry, that let them start construction without everything fully designed yet. There were many super expensive changes during the build, but that was due to EPC, not regulatory stuff.
The NRC has been extremely open to regulatory changes since the 2000s, especially with the "nuclear renaissance" push around 2008. I'm not aware of any suggested regulatory changes that were not adopted.
All of the NIMBY roadblocks that ties up U.S. projects in court, that China doesn't give a F about considering they'll displace 1.3 million people to build a damn.
I don't know about big construction projects, but the costs to get an extension approved on my house is a drop in the ocean compared to paying tradies. (contractors in us speak.)
Both projects were welcomed by their communities in Georgia and South Carolina. And at the state level, legislators were so enthusiastic for the projects that they passed new laws so that the costs of any overrun would get directly passed on to ratepayers, letting utilities escape financial risk for construction overruns.
I have no doubt that constructing nuclear at a new site would run into many NIMBY complaints. But most (not all) existing nuclear sites have communities that welcome the nuclear reactors, and want new ones to replace the aging ones, and ensure continuity of jobs for the community.
The actual situation was that relentless 7%/year demand growth for electrical energy suddenly stalled, while at the same time a large amount of new capacity from cogeneration, made possible by the passage of PURPA in 1978, suddenly started to come on line. In this environment, and with the cost overruns and delays of the earlier nuclear builds, utilities could not make a case for new nuclear construction. High interest rates also didn't help.