nuclear-news

Cost creep or cost leap? The staggering price of nuclear

In the fourth and final part of our serialisation from LINDA PENTZ GUNTER’S book No to Nuclear, she asks how anyone can see nuclear as value for money given its constantly ballooning costs.

Cost creep is a universal affliction in the
nuclear power industry and sometimes it isn’t so much creep as leap. The
two-reactor nuclear power plant at Hinkley Point C on the UK coast went
from an estimated $19bn to $26bn, then $35bn, $40bn and now $59bn! By the
time you read this, the number will likely be even higher. That makes the
plant — consisting of two evolutionary power reactors (EPRs) — the
second most expensive building in the world, after the Great Mosque of
Mecca, which cost more than $100bn. And the most expensive power plant
ever.

 Morning Star 12th Aug 2026, https://www.morningstaronline.co.uk/article/cost-creep-or-cost-leap-staggering-price-nuclear

August 14, 2026 - Posted by Christina Macpherson | business and costs