FPL says cost of new reactors at Turkey Point could top $24 Billion

http://a4nr.org/library/economics/02.21.2008-nucleonicsweek

Building two new reactors at Turkey Point would cost as much as $24.3 billion, depending on the technology chosen,Florida Power & Light Co.as told the Florida Public Service Commission.

The company said the cost for building the two units ranges from $12.1 billion to $17.8 billion for Westinghouse's AP1000, and $16.5 billion to $24.3 billion for General Electric's ESBWR.

FPL spokesman Mayco Villafana said last week that the company reached its cost estimates by revising a 2004 study of overnight costs done by a consortium of companies, led by the Tennessee Valley Authority in coordination with DOE. That study found the cost of building two ABWRs would be $1,611 per kilowatt. In updating those figures for 2007, FPL said, it found that costs for materials, equipment and labor had risen more than 50% by some indexes since 2004.

In its revisions, FPL determined that overnight costs for the power plant island and supporting construction would range from $6.7 billion, or $2,444/kW, to $9.8 billion, or $3,582/kW.

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it may be out of date when it is finished. That is what happened to one of them in Texas and also the TVA one.

that were meant to defibrillate the nuclear corpse.

Some folks are just determined to learn the lesson of the 70s
all over again.

Trust me

:evilgrin:

In fact it's a power of at least three the number of brazillion solar roofs installed by Governor Hydrogen Hummer.

Thanks for the circle jerk post from the circle jerk of anti-nuke websites.

The anti-nuke cult would die without soothsaying.

Other options like thin film solar PV , MC PV with concentrators, ocean current and river current turbines, etc. already are demonstrating that their cost will be far below that of nuclear by the time that nuclear plants could be constructed.