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Uncertainty and High Economic Risk: The Net Present Value of an investment in nuclear power- Cover page
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Fact: investing in wind power is far more profitable than
investing in nuclear power
Greenpeace has calculated the Net Present Value (NPV) of an
investment in a new nuclear power plant in the Netherlands
using a methodology developed by PricewaterhouseCoopers for
the report ‘A financial and economic comparison of coal, gas
and wind options for Dutch electricity generation’1. The results of Greenpeace’s calculations show that losses can be as high as €3 million per installed MW capacity and are highly dependent on market electricity prices and investment costs.
As this report shows, alongside the problem of nuclear waste and the safety of nuclear power plants that can never be guaranteed, the costs of nuclear power are so high that - without a set of governmental subsidies and guarantees -
a company would have no interest in investing in new nuclear
power capacity.
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| Authors: |
Greenpeace International (The Netherlands) |
| Date published: |
17 April 2009 |
| Format: |
Adobe PDF
|
| Number of pages: |
8 |
| ISBN: |
JN226 |
| Size: |
412 Kb |