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ETI launches new project to identify nuclear cost drivers and potential cost reduction strategies

26 October 2017

Mike Middleton
Mike Middleton Strategy Manager

There are currently no evidence led projects which can illustrate whether the costs of generating electricity from new nuclear power stations can be reduced.

The renewables industry, particularly offshore wind, is able to show a meaningful route to getting costs down though research, development and deploying at scale.

The challenge for nuclear new build in the UK is to demonstrate that it can show a credible way of delivering reduced costs. The expectation for advanced reactor technologies is that they should deliver a step reduction in costs.