Unlocking Reductions in the Construction Costs of Nuclear

A Practical Guide for Stakeholders

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This study assesses the policy and governance frameworks needed to drive positive learning and continuous industrial performance for nuclear new build. The study also explores the risk allocation and mitigation priorities needed to define adequate financing schemes for these projects. In the longer-term, it identifies cost reduction opportunities associated with the harmonisation of code and standards and licensing regimes and new innovative designs (i.e. small modular reactors and advanced reactors).