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Ken Robert Chaplin's avatar

I think the following does a lot to explain: "What about the cost?" in a very few words.

In 1966, 20 reactors were ordered, average construction time was 6 years, and 16 of these are still operating. The four that shutdown did so after on average 45 years of operation. These produced electricity cheaper than coal when coal was cheap (so far, the only reference I have for this is you). This good experience led to 28 reactor orders in 1974. None of these ever operated, they were all cancelled. What changed? Between 1970 and 1974 there were 200 new regulatory documents released. Interestingly this is before the NRC. Again the only reference I have so far for this is you.

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