5 ways the US nuclear power industry will change in 2024

The nuclear industry is gaining momentum following the completion of Vogtle Units 3 and 4, which were boosted by demand for clean energy and the availability of federal tax credits that can be paired with attractive debt financing from our Loan Programs Office.

As a result, Plant Vogtle is the largest producer of clean electricity in the United States!

To maintain this momentum, the industry must learn from Vogtles' construction and ensure future projects are completed on time and on budget.

The report explains that many of Vogtle's costs were one-time or project-specific costs that would likely not be repeated with future AP1000s.

Indeed, Vogtle began construction with an incomplete AP1000 design, an immature supply chain, and an untrained workforce.

The design of the AP1000 is now complete, the supply chain infrastructure has been built and more than 30,000 workers have been trained.

Just take a look at the improvements made from Vogtle Unit 3 to Unit 4 through the key stages of the project.

The report explains that Unit 4 would have been approximately 30% more efficient and 20% cheaper to build than Unit 3, and that future reactor projects can expect even greater savings!

Sources 1/ https://Google.com/ 2/ https://www.energy.gov/ne/articles/5-ways-us-nuclear-energy-industry-evolving-2024 The mention sources can contact us to remove/changing this article

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