How much does a reactor cost?

Advanced nuclear reactors are estimated to cost $5,366 for every kilowatt of capacity. That means a large 1-gigawatt reactor would cost around $5.4 billion to build, excluding financing costs.

How much money does it cost to make a nuclear plant?

Projected Nuclear Power Plant Construction Costs Are Soaring Companies that are planning new nuclear units are currently indicating that the total costs (including escalation and financing costs) will be in the range of $5,500/kW to $8,100/kW or between $6 billion and $9 billion for each 1,100 MW plant.

How much does it cost to run a molten salt power plant?

While these plants serve as proof of concept for large-scale molten salt technology, the rarity of commercial solar thermal storage comes down to cost. The estimated cost for a hypothetical 200 MW molten salt power tower is $30/kWh and $200/kWh for a synthetic oil parabolic trough plant.

What do we know about economics and Finance of molten salt reactors?

A systematic literature review on the economics and finance of Molten Salt Reactors (MSRs) was performed. Most of the literature about MSRs neglects economics and finance. Cost estimations are uncertain but comparable or cheaper than light water reactors.

What is an MSR reactor?

MSR (Molten Salt Reactor) is a fast or thermal reactor technology cooled by molten salts in the liquid phase and moderated, in most cases, by the graphite. In this technology, the fuel can be in either liquid or solid form ( Zheng et al., 2018 ). Currently, there is an increasing interest in MSRs both from industry and academia.

Can salt be used as a base load source in nuclear power?

salt to nuclear power and the cost calculus to serve as a possible base load source using thermal storage when carbon fuel is depleted. The technology for using molten salt in nuclear reactors is not new. In 1954, the U.S. aircraft reactor experiment operated a molten salt