Business Risks to Utilities as New Nuclear Power Costs Escalate

A nuclear power megaproject carries with it severe business risks. Despite attempts to shift these risks to taxpayers and ratepayers, ultimately there are no guarantees for utility shareholders. Utility management needs to keep some core principles in mind.

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Bibliographic Details
Published in:The Electricity journal 2009, Vol.22 (4), p.112-120
Main Author: Severance, Craig A.
Format: Article
Language:English
Subjects:
BUSINESS
COST
ELECTRIC UTILITIES
ENERGY PLANNING, POLICY AND ECONOMY
FINANCING
MANAGEMENT
NUCLEAR POWER PLANTS
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Description
Summary:A nuclear power megaproject carries with it severe business risks. Despite attempts to shift these risks to taxpayers and ratepayers, ultimately there are no guarantees for utility shareholders. Utility management needs to keep some core principles in mind.
ISSN:1040-6190
1873-6874
DOI:10.1016/j.tej.2009.03.010