Amid declining nuclear costs, more nuclear power stations are being constructed now than in any other time in history, according to Australian energy major Peninsula Energy Limited (PEN) CEO Gus Simpson. Addressing delegates at the 2016 Investing in African Mining Indaba, Simpson conceded that the capital cost to develop a nuclear power station was about two-and-a-half times that of coal and more than three times that of gas – an issue that had been a significant barrier to the adoption of nuclear power.
