The Financing of Nuclear Power Plants

Download or read book The Financing of Nuclear Power Plants written by and published by Organization for Economic. This book was released on 2009 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries have recognized that greater use of nuclear power could play a valuable role in reducing carbon dioxide emissions. However, given the high capital cost and complexity of nuclear power plants, financing their construction often remains a challenge. This is especially true where such financing is left to the private sector in the context of competitive electricity markets. 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. Given that expansion of nuclear power programs will require strong and sustained government support, the study highlights the role of governments in facilitating and encouraging investment in new nuclear generating capacity.--Publisher's description.