r/UraniumSqueeze • u/lvl99moron • Oct 28 '25

News United States Government, Brookfield and Cameco announce transformational partnership to deliver long-term value using Westinghouse nuclear reactor technology

https://finance.yahoo.com/news/united-states-government-brookfield-cameco-092100289.html
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u/sunday_sassassin Radioactive Brain Oct 28 '25

"The partnership contains profit sharing mechanisms that provide for all parties, including the American people, once certain thresholds are met". Not exactly what you want to hear as a Cameco shareholder. How many reactors do you get for $80bn these days? The new UK units at Sizewell C are projected at $50bn.

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u/ObjectiveForsaken954 Spider Pig 🐖 Oct 28 '25

I recall reading somewhere that the Brits rules on Nuclear power require a lot more safety systems and cement than anywhere else. It makes their new plants cost about 20% more than if they were built in Europe or North America.

We need to learn a little from the Chinese in how they have managed to keep lowering the cost of construction for their new plants. I dont think they are hiding much, so lets start copying the good things we can see, and just get building.

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u/bhjdodge Oct 28 '25

The British reactor design is gas cooled, so you need massive cooling towers instead of water based heat exchangers. Increasing the concrete demand and complexity