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Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner
BG2Pod with Brad Gerstner and Bill Gurley
Regulations and Costs: The Price of Progress
The high cost of building nuclear power plants in the United States can be primarily attributed to four key factors. First, the complex and lengthy regulatory processes involving federal and state environmental permits create significant delays and expenses, often taking up to a decade to complete. This regulatory framework is compounded by the fee-based nature of the Nuclear Regulatory Commission, where operators incur costs for every hour of oversight. Second, litigation presents another substantial financial burden, adding to the overall expense of projects. Understanding and addressing these factors is critical to reducing cost differentials with countries like South Korea and China, which have streamlined processes built upon similar technologies.
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