ETI to identify nuclear cost drivers

08 November 2017

The ETI has launched a new project, which aims to identify whether there are credible opportunities for reducing the costs of generating electricity using nuclear power.
The Nuclear Cost Drivers Project will identify and analyse historic, contemporary and future nuclear power projects to identify areas of nuclear power plant design, construction and operation to deliver potential cost reductions. This will be achieved through the development and application of a comprehensive, cost study evidence base.
It is being led by CleanTech Catalyst, Ltd. (CTC) working with Lucid Strategy. Dr Tim Stone will act as an Independent Reviewer. The project will run until April 2018.
ETI analysis has demonstrated that nuclear power has a potentially significant role to play in the UK’s transition to a low carbon economy as long as it is cost competitive within the overall energy mix and there is a market need.

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