Nuclear power remains a complex proposition for investors. Proponents underline the
vital role nuclear will need to play if the ambitious emissions reductions enshrined
in the 2015 Paris climate agreement are to be met. Yet the falling costs of renewable
power, combined with current low gas prices and concerns over costs overruns
and delays on new build projects in US, France and Finland have deepened doubts
about the economics of nuclear power.
If nuclear is to attract the investment it needs to expand and renew the UK’s fleet,
and secure its future role in the energy mix, it will need to be cost competitive
with other alternative energy sources, and project developers will need to find
ways to cut costs and manage the delays which are a principal barrier to new
Is the industry able to articulate an attractive business case for nuclear investment?
How can nuclear become competitive with renewables? Is a nuclear cost premium
justified on the basis of 24/7, reliable power? Will batteries resolve the intermittency
challenge of renewables, reducing the need for peak plant nuclear and gas? What
can project developers do to make the business case of nuclear more compelling?
What are the strategies to address the risk perceptions of investors?
Humphrey Cadoux-Hudson, Managing Director of Nuclear Development,EDF Energy
Robert Davies, Chief Operating Officer, CGN UK (GNI)
Angus McCrone, Chief Editor, Bloomberg New Energy Finance
Yang Hanxin, Chief Scientist, Ocean Nuclear
Lin Boqiang, Dean, China Institute for Studies in Energy Policy, Xiamen University;
Vice Chairman, China Energy Society