Financing models for nuclear power
Estimating comparable costs of a nuclear regulated asset base versus a contract for difference financing model.
This paper builds on the approach outlined in the National Infrastructure Assessment by providing a method for evaluating the type and scale of costs associated with applying a regulated asset base (RAB) model.
This includes costs related to the transfer of risk between the private sector, electricity consumers and the taxpayer which are at risk of being ignored as they are not accounted for in the headline price paid by consumers under a RAB model. The evaluation method takes in to account the characteristics of building and operating a nuclear power plant, which are different to projects where the RAB model has been applied in the past.
Informing this paper – in the Supporting Evidence tab – are separate technical annexes on nuclear power reference classes produced for the Commission by Oxford Global Projects.
New research on nuclear power references classes was commissioned from Oxford Global Projects to support the development of this analysis.
The accompanying data set analyses the cost of different nuclear financing models, and serves as the companion data to the analysis of nuclear power reference classes.
Estimating comparable costs of a nuclear regulated asset base versus a contract for difference financing model
A method for evaluating the type and scale of costs associated with applying a regulated asset base (RAB) model.
Latest Updates
Nuclear Power Stations – Cost Forecasting
Reference class cost forecasting for nuclear power stations.