Next generation nuke could cost up to $4.3 bil to
build: US DOE Washington (Platts)--13Dec2007 Demonstrating the commercial viability of a high-temperature gas-cooled nuclear reactor capable of producing both electricity and hydrogen could cost between $3.8 billion and $4.3 billion, according to estimates from three contract teams competing in the US Department of Energy's Next Generation Nuclear Plant project. The project is aimed at developing an HTGR by 2021. A prototype reactor is to be sited at the Idaho National Laboratory. The teams chosen to complete initial designs were led by Areva NP, General Atomics and Westinghouse. While there was a range for the cost of the prototype plant, DOE said estimates by all three teams were very similar for the so-called "Nth of a kind" plant, meaning those that are built after the first few are up and running. The estimate for a four-unit plant with a thermal power level of between 2,000 MW and 2,400 MW) was close to $4 billion, according to a DOE report on the pre-conceptual designs for the next generation plant. DOE said the report, which has a November date, is expected to be made available soon on its web site. --Jenny Weil, jenny_weil@platts.com
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