Publication details

Způsoby financování výstavby jaderných elektráren a jejich hrozby

Title in English Ways of Financing the Construction of New Nuclear Power Plants and the Threats Associated with Them
Authors

DRÁB Tomáš VLČEK Tomáš

Year of publication 2016
Type Article in Periodical
Magazine / Source Středoevropské politické studie
MU Faculty or unit

Faculty of Social Studies

Citation
Web https://journals.muni.cz/cepsr/article/view/6531/5873
Doi http://dx.doi.org/10.5817/CEPSR.2016.4.291
Field Political sciences
Keywords Nuclear energy; nuclear new build; financing; risks; financing models; European Union
Description The paper deals with the financing of new nuclear power plants. After a period of stagnation and decline, nuclear energy is regaining approval in the EU, as some member states are constructing or preparing to construct new nuclear power plants. Yet the development of new facilities is facing enormous challenges. One of the most significant challenges is the very costly financing of nuclear projects. This paper analyses the methods of financing new nuclear projects and attempts to offer a classification of possible financing schemes; then, on the basis of such a classification, it tries to identify the threats attached to particular schemes that states face when deciding to develop nuclear projects. The threats were derived from an analysis of the investment process and from the identification of participants in nuclear investments and their relations. The analysis reveals a greater set of threats when foreign and private entities are involved in financing. The relevance of threats and the associated risks, however, must be assessed in the context of each particular nuclear project.
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