{"id":362659,"date":"2024-06-08T16:07:14","date_gmt":"2024-06-08T21:07:14","guid":{"rendered":"https:\/\/dyspepsiageneration.com\/?p=362659"},"modified":"2024-06-08T16:07:14","modified_gmt":"2024-06-08T21:07:14","slug":"why-does-nuclear-power-plant-construction-cost-so-much","status":"publish","type":"post","link":"https:\/\/dyspepsiageneration.com\/?p=362659","title":{"rendered":"Why Does Nuclear Power Plant Construction Cost So Much?"},"content":{"rendered":"<p><a href=\"https:\/\/ifp.org\/nuclear-power-plant-construction-costs\/\" target=\"_blank\" rel=\"noopener\">Read it.<\/a><\/p>\n<blockquote><p>Nuclear plant construction is often characterized as exhibiting \u201cnegative learning.\u201d That is, instead of getting better at building plants over time, we\u2019re getting worse. Plants have gotten radically more expensive, even as technology has improved and we understand the underlying science better<\/p>\n<p>&#8230;<\/p>\n<p>Most nuclear plant cost increase in the 1970s-80s can be attributed to increased labor costs. An estimate by United Engineers and Constructors found that from 1976-1988, labor costs for plant construction climbed 18.7% annually, while material costs escalated by only 7.7% annually (against an overall inflation rate of 5.5%) Of those labor costs, over half were due to expensive professionals: engineers, supervisors, quality control inspectors, and so on.<\/p>\n<p>&#8230;<\/p>\n<p>Why did labor costs increase? According to most observers, increasing regulation made plants increasingly burdensome to build. During the late 60s and early 70s, regulatory requirements steadily increased.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/lh6.googleusercontent.com\/w3VMYeqjSbBPa038UX9amJvKADzcsWuZcH93JfU5fIuLvYYeUIWFceDKTPSaQGqIw1r6AYL0nmuVB-zFuRsRTxseZzXWMJdBiuR1BBZfWKP_-twiXvo-PBx8xy5wuzmjSOEsASlfXpJTvQV4xFv0bnk\" alt=\"\" width=\"564\" height=\"458\" \/><\/p>\n<p>&nbsp;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Read it. Nuclear plant construction is often characterized as exhibiting \u201cnegative learning.\u201d That is, instead of getting better at building plants over time, we\u2019re getting worse. Plants have gotten radically more expensive, even as technology has improved and we understand the underlying science better &#8230; Most nuclear plant cost increase in the 1970s-80s can be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-362659","post","type-post","status-publish","format-standard","hentry","category-tax"],"_links":{"self":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/362659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=362659"}],"version-history":[{"count":1,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/362659\/revisions"}],"predecessor-version":[{"id":362660,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/362659\/revisions\/362660"}],"wp:attachment":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=362659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=362659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=362659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}