Sweden's parliament on Tuesday (20 June) adopted a new energy target, giving the right-wing government the green light to push forward with plans to build new nuclear plants in a country that voted 40 years ago to phase out atomic power.
When you factor in that a nuclear project will face additional hurdles, you get an idea why every reactor build these days is over budget.
Because that initial budget was the back of the napkin calculation before any site surveys or permitting or anything else, because in order to get the permits for those site surveys and such, you need an initial budget.
The press then reports these napkin numbers as if they were the final budget.
As another note here, nuclear projects tend to face massive regulatory sabotage from people who are ideologically opposed for various reasons. (usually tracing back to money from fossil fuels). This drives up the cost considerably as well.
This video explains why every single engineering project ever has gone over the initial budget.
https://www.youtube.com/watch?v=dOe_6vuaR_s
When you factor in that a nuclear project will face additional hurdles, you get an idea why every reactor build these days is over budget.
Because that initial budget was the back of the napkin calculation before any site surveys or permitting or anything else, because in order to get the permits for those site surveys and such, you need an initial budget.
The press then reports these napkin numbers as if they were the final budget.
As another note here, nuclear projects tend to face massive regulatory sabotage from people who are ideologically opposed for various reasons. (usually tracing back to money from fossil fuels). This drives up the cost considerably as well.