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.
That is a funny ask. Regulation doesnt have to be a single thing. It can very well be cost-overrun by a thousand paper cut. You can drown any project in endless paperwork, environmental and national security reviews. In fact unclear and contradictory requirements are much more conductive to drive costs up than a single Lets-make-nuclear-expensive-Act.
That being said if you need to pick a single thing (which is silly) then the “As Low As Reasonably Achievable” principle of radiation protection is a prime candidate. When you have a safety limit you can design a system to remain under it. When you are designing a sytem for the ALARA principle that in itself will blow your costs up.
Under ALARA, nuclear literally isn't allowed to reduce market electric costs, because the requirements for reducing exposure scale to what keeps it competitive with other forms of production! If all other electric costs doubled tomorrow, the NRC would respond by raising the requirements for plants to reduce radiation exposure.
If that sounds insane, it's because it's insane. Our nuclear regulations are insane.
However, my example is of reactors that China can build cost effectively, but which Europe can not. (And the AP1000 is an example where China can build the design cost effectively, but the US can not.)
That would indicate that nuclear reactors could be built cost effectively, with the same design, and without changing ALARA.
Removing ALARA may provide some sort of cost savings, but without some concrete and specific indication of how that would change the design, and to what savings during construction, it's hard to agree that ALARA is at fault.
Yeah. Due to armies of highly paid experts spending almost a decade of their life arguing if the design is up to the regulations. And also when because of these uncertainties you start building before full approval and then requirements change.