nuclear-news

an alternative approach would be to create a body rather like the Olympic Delivery Authority (ODA), which would be responsible for getting the first, maybe second, maybe third nuclear power plants built.”

The ODA is a government body not affiliated to any department. It coordinated with several other large public bodies to manage the construction of the facilities for the London 2012 Olympic Games. This was seen as a success, and the ODA continues to manage the conversion and development of the Olympic sites for the long term. In the power sector a similar organisation could use a mix of public funds and business taxes to build a power plant, bring it to operation and then sell to a private company for profit………

The suggestion follows a trend across the global nuclear sector to find new ways to raise the funds for construction and share construction risk. Russia’s state corporation Rosatom is constructing a nuclear power plant at Akkuyu in Turkey on a build-own-operate basis and plans to do the same in Vietnam. More usual is government support in the form of a loan guarantee for part of the construction cost …http://www.world-nuclear-news.org/C_Olympian_effort_for_nuclear_build_0909131.html