The West has seen in recent years several cautionary tales of huge delays and cost overruns in looking to boost nuclear capacity.
Western nations may be getting ahead of themselves in their ambition to swiftly roll out new nuclear power capacity in the current push to reduce dependence on Russian uranium and meet net-zero targets with more nuclear-generated electricity.
The costs have gone through the roof – to an estimated $43.5 billion £34 billion, from $23 billion £18 billion budgeted initially. In Georgia, a new reactor at the Vogtle nuclear power plant began commercial operation last summer in what was the first new nuclear reactor to start up in the United States since 2016. Construction at the two new reactor sites at Vogtle began in 2009.
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