2024/10/22 by Jens Weibezahn, Björn Steigerwald · 1 voice
Economics, Econometrics and Finance · Environmental Science · #Climate Change Policy and Economics #International Environmental Law and Policies #Sustainable Finance and Green Bonds
paper · doi:10.1016/j.enpol.2024.114382
openalex publication_date 2024/10/22 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/04
The increasing decarbonisation pressure together with recent energy price shocks is fuelling a revived debate on new nuclear generation capacity in many European states. In this paper, we provide a synopsis of financing models currently being applied or under development for newly built nuclear power plants in Europe (with excursions to Türkiye and the United States), catering to the special risk profile of such projects. We find that nuclear power plant projects in Europe to a large extent only become bankable if a government is involved in de-risking the investment for private investors – eventually involving the exposure of taxpayers or ratepayers to the project risks.