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Great Scott 1.21 (almost) Jigowatts -- new reactor in USA

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rstofer:

--- Quote from: schmitt trigger on August 03, 2023, 12:59:41 pm ---I get the fact that these projects are so enormous and complex that it defies comprehension for us mere mortal beings.
But, but… a large engineering organization, whose raison d’être is precisely to build such projects, how can they miss their delivery-dates and budget targets for so much?

--- End quote ---

How much time and money do you spend estimating a job you probably won't get?   You make somewhat reasonable assumptions and price accordingly.  Meanwhile the customer is making scope changes throughout the process.  Some changes are bigger than others.  Then the lawyers show up!

Remember, the interest on the construction loans keeps building while the anti-nukers keep litigating.  Construction loans aren't cheap no matter how they're funded.  The plant is eating money until the day it starts generating.

TimFox:
B Flyvbjerg and D Gardner in their recent book "How Big Things Get Done" (Currency 2023, p 192) have a list of large project types in order of cost-overrun statistics.
The data come from 16,000 projects in 25 types.
The top three (worst) are nuclear waste storage, Olympic games, and nuclear power plants.
The bottom three (best) are wind power, energy transmission, and solar power.
They point out that the worst are one-off, non-modular systems.
The best are modular systems, built from multiple factory-built components.

JustMeHere:
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--- End quote ---

JustMeHere:
Not sure why the post above won't format correctly.....

Speaking of windmills....see prior post.

schmitt trigger:
You are correct. Lawsuits, I had forgotten about those.

Indeed, even if the suit is lost or is dismissed, the fear they impart on the potential investors for the cost overruns, will make them to run away from such a project.

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