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Deploying nuclear power: Financing, risk, and execution in the current market environment
Nielson
The renewed global interest in nuclear power is often framed as a policy story driven by decarbonization goals, energy security concerns, and surging electricity demand from digital infrastructure and electrification. While these forces are real and durable, they materially understate the challenge at hand. The practical constraint on nuclear deployment today is not strategic will, but execution. Specifically, the challenge lies in how nuclear projects are financed, how risk is allocated, and how investors assess credibility in a sector defined by long timelines and asymmetric downside risk.
Yoshiki Oshima, Tomohiro Endo, Akio Yamamoto
Nuclear Science and Engineering | Volume 199 | Number 4 | April 2025 | Pages 586-598
Research Article | doi.org/10.1080/00295639.2024.2383102
Articles are hosted by Taylor and Francis Online.
The multigroup Monte Carlo (MC) neutron transport method with a regionwise even-parity discontinuity factor (REPDF), i.e. the discontinuity factor (DF)–MC method, is developed with the aim to provide a reference solution for deterministic transport calculations with DF. Applying the analogy with optics, neutrons are transmitted or reflected at a region surface during random walks. The probability of transmission or reflection is determined by REPDFs in adjacent regions. The DF is traditionally used in deterministic neutron transport methods to reduce the discretization error due to spatial homogenization and energy condensation. The DF-MC method can treat DF in the framework of the multigroup MC method.
In this paper, the weight cancellation technique based on the closest pair of points using the divide-and-conquer algorithm is used because negative weights appear due to the neutron reflection. The REPDF is calculated by the method of characteristics (MOC). The verification calculations are carried out in the pin-by-pin homogenized and assembly homogenized KAIST-2A core geometry. The DF-MC calculation can reproduce the results of the MOC with the REPDF. These results demonstrate the principle of the DF-MC method and extend the application of the DF to the probabilistic neutron transport method.