The Financing of Nuclear Power Plants

• Publication date: December 2009

This study examines the financial risks involved in investing in a new nuclear power plant, how these can be mitigated, and how projects can be structured so that residual risks are taken by those best able to manage them....

This study examines the financial risks involved in investing in a new nuclear power plant, how these can be mitigated, and how projects can be structured so that residual risks are taken by those best able to manage them.

Nuclear Energy Industry

Foreword
Executive summary
1. Introduction
2. Historical perspectives and experience
3. The major challenges to financing new nuclear power plants
-3.1. Political and policy support
-3.2. Nuclear licensing and other regulatory processes
-3.3. Nuclear liability and insurance
-3.4. Construction and supply chain risks
-3.5. Electricity market conditions and regulation
-3.6. Plant operating performance
-3.7. Nuclear fuel supply
-3.8. Management of spent fuel and waste, and decommissioning
4. Structuring and financing nuclear projects
-4.1. Approaches to risk mitigation
-4.2. The structure of a nuclear project
-4.3. Sources of finance
5. The role of governments and other public bodies
-5.1. Setting the policy and legal framework
-5.2. Providing direct support for financing
6. Conclusions and recommendations
Appendix 1. Background on financing NPPs in selected countries
-Bulgaria
-France
-Mexico
-Slovak Republic
-Ukraine
-United Kingdom
-United States of America
Appendix 2. List of expert group members