nuclear-news

Costly necessity to buy higher land for nuclear reactors

OECD Says Nuclear Land Costs to Rise by Up to 10% Post-Fukushima Bloomberg By Lars Paulsson – May 23, 2011 The cost of buying land to build nuclear reactors may increase by as much as 10 percent because the earthquake and tsunami in Japan on March 11 will force developers to buy in safer areas, according to the Organization for Economic Cooperation and Development’s Nuclear Energy Agency.

Luis Echavarri, the agency’s director general, spoke on May 17 by phone from Paris.

On nuclear land costs:  “I think the cost associated to the location could increase. You need locations better protected against earthquakes, tsunamis and floods. You will have to build plants at higher elevation than the sea and river levels. I think we are talking of something between 5 and 10 percent, but that is very significant.”..

May 24, 2011 - Posted by Christina Macpherson | 2 WORLD, business and costs