Uncertainty and High Economic Risk: The Net Present Value of an investment in nuclear power

Publication - April 17, 2009
Fact: Investing in wind power is far more profitable than investing in nuclear power.

Uncertainty and High Economic Risk: The Net Present Value of an investment in nuclear power- Cover page

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Executive summary: 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." The results of Greenpeace’s calculations show that losses can be as high as €3 million (nearly $3.9 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.

Num. pages: 8

ISBN: JN226