Skip to main content

Economic Efficiency of Large, Medium, and Small Size NPP Including Construction Stage Risks

Currently, the typical risk for the global nuclear energy industry is the risk of violating the planned NPP construction schedule with the concomitant increase in cost. The results of an (accounting) settlements comparison of the realization of such risk situations during the construction of large, small, and medium- size NPPs are discussed. Changes in project efficiency metrics, such as the payback period and income from project implementation, are considered. It is shown that most significant is the financial and investment risk associated with the bank interest on the loan. Doubling of the construction time and the total costs makes the project unprofitable.

This is a preview of subscription content, access via your institution.

References

  1. 1.

    P. P. Alekseev, Yu. N. Udinskiy, and T. D. Schepetina, “Small nuclear power plants – primary route to the reduction of risks and their consequences in nuclear energy,” At. Energ., 126, No. 3, 194–198 (2019).

    Google Scholar 

  2. 2.

    G. Arkadov, O. Koltun, A. Kroshilin, et al., “Analysis of competitiveness,” Byull. Rosenergoatoma, No. 12, 22–25 (2012).

    Google Scholar 

  3. 3.

    S. Neevin, L. Sokolova, V. Doronkov, et al., “Afrikantov OKBM technologies for the development of the Arctic and the continental shelf,” in: 13th Int. Sci. Pract. Conf. on Nuclear Energy, Sevastopol (2017), pp. 66–69.

  4. 4.

    P. N. Alekseev, V. M. Mordashev, A. A. Proshkin, et al., “Research on the choice of the range of unit capacities of NPP power units,” At. Energ., 105, No. 5, 243–248 (2008).

    Article  Google Scholar 

  5. 5.

    I. A. Rastorguev and T. D. Schepetina, “Effect of integral risk on the structural composition of an NPP system,” At. Energ., 127, No. 3, 125–130 (2019).

    Google Scholar 

  6. 6.

    B. G. Gordon, Safety of Nuclear Facilities, MIFI, Moscow (2014).

    Google Scholar 

  7. 7.

    P. Olgaard, Accidents in Nuclear Ships, Riso National Laboratory, DK-4000 Roskilde, Denmark I (1996).

  8. 8.

    S. Hattory, Energy Source for Human Demand. Advanced Nuclear Systems Consuming Excess Plutonium, Kluwer Academic Publishers, Netherlands (1997), pp. 69–77.

  9. 9.

    A. A. Andrianov, I. S. Kuptsov, T. A. Osipova, et al., “Comparative analysis of the investment attractiveness of NPP power units based on small and medium-size reactor modules and a large power reactor,” Izv. Vyssh. Ucheb. Zaved. Yad. Energet., No. 4, 89–101 (2018).

Download references

Author information

Affiliations

Authors

Corresponding author

Correspondence to Yu. N. Udyanskiy.

Additional information

Translated from Atomnaya Énergiya, Vol. 129, No. 6, pp. 303–308, December, 2020.

Rights and permissions

Reprints and Permissions

About this article

Verify currency and authenticity via CrossMark

Cite this article

Alekseev, P.N., Udyanskiy, Y.N. & Schepetina, T.D. Economic Efficiency of Large, Medium, and Small Size NPP Including Construction Stage Risks. At Energy 129, 309–315 (2021). https://doi.org/10.1007/s10512-021-00753-4

Download citation