Utilities sharing their experiences include: Inter RAO UES, Iberdrola and ONDRAF/ NIRAS – they will bring valuable insights to the fore
- By April Murelio -
As the nuclear renaissance moves full steam ahead with the UK giving the go-ahead for 10 new nuclear power stations, it is ever more essential for investors, the government and utility companies to have a full awareness of the realistic financing options in this high risk and high capital industry. SMi’s 3rd annual Financing Nuclear Power conference will bring together key experts and decision makers to share their experiences, offering practical advice and considering the realistic options for financing nuclear power in 2010.
‘I found the event well organised…plenty of opportunities provided for networking… AA+ grade' Independent Economic Analyst
The event will uncover the latest developments in new nuclear and assess the viability of nuclear Public-Private Partnerships. With all the developments in this field it becomes essential to evaluate the financial and commercial models for new nuclear as well as gaining a solid understanding of nuclear finance intricacies – hence allowing utilities to understand the challenges and opportunities that they are now faced with.
Utilities sharing their experiences include: Inter RAO UES, Iberdrola and ONDRAF/ NIRAS – they will bring valuable insights to the fore which could not otherwise be addressed in such a forum. The financial industry will also be present in the form of RBS, Standard Chartered Bank and Natixis in order to give the conference an all-encompassing focus which addresses specific financial and risk associated issues.
“In the foreseeable future, nuclear energy is not a major part of the solution to further countering global warming or energy insecurity. Expanding nuclear energy use to make a relatively modest contribution to combating climate change would require constructing nuclear plants at a rate so rapid as to create shortages in building materials, training personnel, and safety controls.”
“Nuclear Energy: Balancing Benefits and Risks”, Charles D. Ferguson CSR No. 28, April 2007, Council on Foreign Relations, p. 15-16
According to the World Business Academy the availability and cost of financing for new nuclear plants will depend on:• The level and certainty of government subsidies and incentives• The comparative cost and performance of renewable energy sources• The timing of capital markets’ recovery from the credit crisis• Estimated construction costs• The structure of the target electricity market (competitive market v. more traditional, regulated cost-of-service market)• Assessments of plants’ lifetime capacity and performance• Resolution of the long-term waste storage problem• Public opinion about nuclear power
For more information on this event visit www.smi-online.co.uk/10nuclear24.asp or contact Teri Arri for more information or to secure your place Tel: +44 (0) 20 7827 6162 or email: tarri@smi-online.co.uk