Izvestia Vysshikh Uchebnykh Zawedeniy. Yadernaya Energetika

The peer-reviewed scientific and technology journal. ISSN: 0204-3327

System competitiveness of nuclear power

6/22/2018 2018 - #02 Nuclear power plants

Usanov V.I.

DOI: https://doi.org/10.26583/npe.2018.2.03

UDC: 621.039.516

The study analyzes the possibilities to increasing the attractiveness of commercial nuclear electricity generation in deregulated markets. The model developed in the presented work calculates the cost of electricity generated not by a single energy unit but by a system of financially integrated energy units of a certain technological type. The paper addresses the issues of the cost calculations in the systems of the kind. It shows that the estimated unit cost of electricity produced in a nuclear-energy financial-integrated system with the number of power units greater than one financed by shareholders and creditors may be lower in comparison with the cost of electricity produced by economically detached power units of the same capacity under the same conditions of investment.

The effect is achieved due to the component of short-term credit in the cost of electricity, the return of funds on which at a time can be carried out for a smaller number of power units (up to one), while electricity is produced by all units of the system. The results of cost calculations with the use of the developed model indicate that the transition from economic models of detached nuclear power units to models of nuclear power complexes can bring economics of nuclear power systems closer to the economics of combined-cycle gas turbine systems. Achieving this objective can contribute to the growth of public and private investment in the nuclear energy business.

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nuclear energy business competitiveness electricity cost deregulated market financing instruments calculation model financially integrated system