Nuclear power plants will not last for ever - a tidal wave of costs is bearing down on countries with nuclear energy

IWR, a renewable energy institute, has examined the age structure of nuclear power plants across the world. Many countries will soon be facing some big political challenges, as power plants near the end of their 40-year service life. This is the period of operation nuclear power plants are designed for. Because building a new power plant takes at least seven years, some important decisions will need to be taken well in advance of the replacement date. A projection produced by IWR indicates that countries will need to reckon with costs of around 1.1 billion euros by 2030 if they are to replace old facilities with new nuclear power plants on schedule. (to the Press Release)

Released on: 2012-10-19