South Korea

“The truth is that when you look at the United States and you look at France, two of the places that have built the most reactors in the world, you see reverse learning curves, actually, when it comes to the cost of nuclear power. It actually increased over tim…”

“We can say China's probably building at about 2500 dollars per kilowatt, so not quite as cheap as South Korea, but, you know, nowhere near the U.S., and again, that's probably because they're building a lot of the same design.”

“It's not that South Korea has a vastly different regulator. It's actually modeled much on the U.S., and the U.S. Regulator, the NRC, is considered the gold standard, and a lot of other countries follow our example.”

“I would say that the cheapest nuclear in the world, and I'm so glad that your audience can understand if I say dollars per kilowatt is in South Korea, and that's about 2200 dollars per kilowatt.”

“I think that the biggest winners, though, of the other countries that are involved, Australia and Korea and Chile are the, are by far the biggest winners. They all have free trade agreements with the U.S. And are going to come out looking very good from this.”

“A few years ago, the Wall Street Journal estimated that to build an LNG tanker in the United States would cost around seven hundred million dollars, whereas at that time you could buy one for, I think, less than two hundred million in South Korea.”

“Well, the data suggests, actually, that workers in South Korea and Japan and Europe, they make more than Americans, and yet the ships are still significantly cheaper, so that's interesting.”