Energy · Ukraine

How much did Chernobyl Nuclear Power Plant cost to build?

The Chernobyl Nuclear Power Plant in Ukraine, whose Unit 4 exploded in 1986, is today covered by the New Safe Confinement, the giant steel arch slid over the destroyed reactor in 2016 and formally handed over to Ukraine in July 2019 under the Shelter Implementation Plan managed by the European Bank for Reconstruction and Development. The EBRD said in October 2019 that the New Safe Confinement cost 1.6 billion dollars and its page says the total cost of the Shelter Implementation Plan reached 2.1 billion euros.

Final project cost

$1.6 billion

Cost basis: 2019

A stitched panorama view of the Chornobyl Nuclear Power Plant site in Ukraine, pictures taken in June 2013. Descriptions of the buildings from left to right: First half of the New Safe Confinement - after second lifting operation (has not yet reached its final height), reactor 4 with existing shelter building and the new and old ventilation shafts, reactor 3, cranes to dismantle the old ventilation shaft, reactor 2, reactor 1.
Ingmar RungeCC BY-SA 3.0

Cost evidence

Basis of the published figure

Final project cost2019
ebrd.com

Project record

Completed

EBRD

1 July 2019

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