Webinar “Many ways for taxpayers to finance new NPP”
2024-09-13
This Joint Project Webinar took place on September 13, 2024, 2-4 PM CEST.
The current hype around nuclear power plant is loud, however, silent when it comes to the issue of finance. The major barrier to new nuclear power investment is the difficulty of finding finance: It is still far too risky with huge cost and time overruns and because the traditional owners of nuclear power plants, electric utilities, are no longer prepared to build nuclear power plants unless all the risk falls on consumers. There are two basic current models for finance: Power Purchase Agreements (PPA) & Regulated Asset Base (RAB). The Contract for Difference (CfD) model is a type of PPA.
Steve Thomas, Emeritus Professor of Energy Policy, University of Greenwich UK, gave an profound explanation on the different models, where they have been applied and where they failed. Highlights from the financing situation in Bulgaria, Czech Republic, Poland, the Netherlands and Sweden completed the picture.
Download here the presentations:
Keynote presentation by Steve Thomas,
and short statements on current national financing schemes by experts from
Bulgaria: Todor Todorov, Za Zemiata
Czech Republic: Edvard Sequens, Calla
Netherlands: Lisa Busink, WISE
Poland: Marcin Harembski
Sweden: Silva Herrmann