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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.
Norihiro Doda (Japan Atomic Energy Agency), Shinya Kato (Japan Atomic Energy Agency), Erina Hamase (Japan Atomic Energy Agency), Kazuki Kuwagaki (Japan Atomic Energy Agency), Norihiro Kikuchi (Japan Atomic Energy Agency), Kazuya Ohgama (Japan Atomic Energy Agency), Kazuo Yoshimura (Japan Atomic Energy Agency), Ryuji Yoshikawa (Japan Atomic Energy Agency), Kenji Yokoyama (Japan Atomic Energy Agency), Tomoyuki Uwaba (Japan Atomic Energy Agency), Masaaki Tanaka (Japan Atomic Energy Agency)
Proceedings | 20th International Topical Meeting on Nuclear Reactor Thermal Hydraulics (NURETH-20) | Washington, D.C., August 20-25, 2023 | Pages 946-959