tag:blogger.com,1999:blog-10911751.post6608411866894891035..comments2024-03-07T02:00:01.582-05:00Comments on NEI Nuclear Notes: NRG’s Recent Cost Estimate Increases for STP 3&4 Due to a Weaker Dollar?Unknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-10911751.post-6206786432709583602010-01-04T13:02:48.564-05:002010-01-04T13:02:48.564-05:00The switch to Toshiba was more about terms and con...The switch to Toshiba was more about terms and conditions than about saving money. GE just didn't want to take any risk. Perhaps MSNBC is a true reflection of company policy?<br /><br />Of course the equity participation from Toshiba (half a billion) was part of it.<br /><br />One predictable consequence of the devalued dollar will be fewer imports and more domestic production. American pipe, labor, steel, valves, and engineers got cheaper. Expect more work on STP to be performed in the US and less in Japan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-52923007477809471772009-12-24T13:47:46.769-05:002009-12-24T13:47:46.769-05:00It is interesting to remember the reason STP owner...It is interesting to remember the reason STP owners switched from a GEH ABWR to a Toshiba ABWR was to save money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-60037077464814791742009-12-20T09:19:08.256-05:002009-12-20T09:19:08.256-05:00Good info uvdiv.Good info uvdiv.David Bradishhttps://www.blogger.com/profile/02439638522932781068noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-18081951039686685412009-12-19T14:40:18.647-05:002009-12-19T14:40:18.647-05:00Here are recent numbers Shika #2, an ABWR built ov...Here are recent numbers Shika #2, an ABWR built over <a href="http://www.iaea.org/cgi-bin/db.page.pl/pris.prdeta.htm?country=JP&site=SHIKA&units=&refno=59&link=HOT&sort=&sortlong=Alphabetic" rel="nofollow">2001-2006</a>. It is the same reactor as the <a href="http://www.stpnoc.com/New%20Units.htm" rel="nofollow">Texas project</a> - 1,300 MWe ABWR (although oddly the IAEA source says 1,200 MWe gross, not sure about the discrepancy). The total project cost was 370 billion yen, according to table 3B from<br /><br /><a href="http://web.mit.edu/ceepr/www/publications/workingpapers/2009-004.pdf" rel="nofollow">http://web.mit.edu/ceepr/www/publications/workingpapers/2009-004.pdf</a> <br /><br />This is a nominal $3,033/kWe at current exchange rates. The table gives it as $2,280/kWe PPP-adjusted, or $2,350/kWe overnight cost.Authorhttps://www.blogger.com/profile/14172882458584719170noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-44082307781492486272009-12-18T20:54:13.396-05:002009-12-18T20:54:13.396-05:00You numbers are correct, but not $1.4B per plant, ...You numbers are correct, but not $1.4B per plant, $1.4B per gigawatt. So, a large 1600MW plant would be a little more. This was for gen-iii plants they built in the late `90s, not even the improved gen-iii plus models. Let's get our act together and start building electric cars, trains and nuclear plants like Japan!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-57157042262427269462009-12-18T12:26:27.974-05:002009-12-18T12:26:27.974-05:00Probably a number of factors. The $1.4B you cite I...Probably a number of factors. The $1.4B you cite I'm guessing is for one unit, whereas the STP estimate is for two. As well, the $1.4B number was probably for a unit that came online more than a decade ago before commodities and labor costs increased dramatically. Also, I think the size of the ABWRs in Japan are smaller than the ones proposed in the US. And as the WSJ found, currency rates make a difference in costs. Those are just some guesses, though.David Bradishhttps://www.blogger.com/profile/02439638522932781068noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-16014704600511759532009-12-18T11:41:38.439-05:002009-12-18T11:41:38.439-05:00I have heard very low numbers for the costs of ess...I have heard very low numbers for the costs of essentially the same reactors in Japan ~ $1.4B. Anyone know if that is correct. If so, why is it SO much more here?SteveK9noreply@blogger.com