Nuclear Industry ‘Looking For Ways To Cut Construction Times And Costs’ :: The Independent Global Nuclear News Agency

Nuclear Industry ‘Looking For Ways To Cut Construction Times And Costs’ :: The Independent Global Nuclear News Agency: Nuclear power is the only energy source along with hydropower that has demonstrated the capability to decarbonise electricity supply on a national scale and needs to be fully recognised if the world is to solve its climate conundrum, delegates at an International Atomic Energy Agency conference heard.



However, the agency said that following high profile construction delays and cost overruns to “a handful” of new-build nuclear projects in Europe and the US the industry is looking for ways to cut construction times and costs



The delays and cost overruns prompted criticism that nuclear will struggle to help fight climate change. “Yet in many countries, new nuclear power projects are being delivered mostly on time and on budget, including in Belarus, China, South Korea and Russia,” the agency said.