Taxpayers pick up the tab on nuclear energy

Taxpayers pick up the tab on nuclear energy


(The Center Square) – The current United States financing model for nuclear power poses significant costs to taxpayers, a study from the Copenhagen School of Business reports.

The study shows that projects are especially vulnerable during their extended construction phases, which typically span between eight and 16 years for recent undertakings. This extended duration often results in exceeding both time and budget estimates.

The study reports that nuclear power plant projects become financially viable primarily due to government intervention aimed at mitigating investment risks, such as loan and revenue guarantees, full or partial state ownership of suppliers or utilities, and regulatory frameworks that oblige future consumers to contribute to construction costs.

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“In this case, the institutional investors issuing loans to the utility company owning the

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