nuclear-news

Nuclear industry now looks for private investment, not government

Financing Nuclear Power Projects: New Trends Emerging for Asia EIN News 23 Oct 12  The financing of nuclear power projects is a key consideration for any country planning to include nuclear power in their energy mix. The industry has started to see a shift towards private sector financing and this trend is expected to increase going forward

The financial cost of new nuclear power projects is a major factor in planning for a sustainable nuclear future [ now there’s an oxymoron – Christina Macpherson ] . Traditional providers of capital to the nuclear industry have been governments and Export
Credit Agencies (ECAs), with commercial banks and international financial institutions playing a lesser role

. However, new trends are
emerging:- Nuclear Steam System Supplier (NSSS) vendors have recently
been taking equity stakes in the projects and China’s biggest nuclear
power developer, China National Nuclear Power Co. (CNNC), recently
announced plans to access international capital markets via an IPO,
proceeds of which will be used to fund five nuclear projects with a
total required investment of 173.5 billion yuan ($27.25 billion).

October 24, 2012 - Posted by Christina Macpherson | general