Expert Advice

Nuclear Economics Consulting Group (NECG) provides advice on economic and business issues facing nuclear power projects, with a focus on the interaction between nuclear power and the electricity industry.

Insightful analyses of nuclear project economics are needed to:

• Evaluate new nuclear project business models and financing approaches
• Structure nuclear projects, PPAs and related arrangements
• Support positions in nuclear industry legal and regulatory disputes
• Review government and regulator decisions about nuclear power projects
• Develop and implement effective nuclear industry strategies

NECG Capabilities

Print Friendly

#6 – U.S. state action on revenue certainty

#6 - U.S. state action on revenue certainty

Several U.S. states are moving to help merchant nuclear plants gain increased revenue certainty to prevent early retirement. Actions in four states, New York, Iowa, Ohio, and Illinois are discussed in this Commentary. My 4 February 2015 WNN editorial (“Can nuclear succeed in liberalized power markets?”) explained […]

Read more

#5 – Revenue Certainty

#5 - Revenue Certainty

Nuclear power investments require an adequate, certain, and long-term source of revenue. In the past, revenue certainty came from traditional government/regulated electricity models. In liberalized electricity markets, other approaches for revenue certainty are required. My 4 February 2015 WNN editorial was about the uncertain revenue in liberalized […]

Read more

#4 – Nuclear Lessons from Vermont Yankee Closure

#4 - Nuclear Lessons from Vermont Yankee Closure

The Vermont Yankee nuclear power station closed permanently on 29 Dec 2014. The closure of this well-maintained nuclear power plant with decades of remaining life was entirely due to the difficult economics of operating in a U.S. electricity market. The U.S. experience with nuclear power plants in […]

Read more

#3 – Nuclear Base Load

#3 - Nuclear Base Load

Nuclear power plants are base load generators – due to economics. NECG Commentary #3 explains base load generation, the economic reasons that nuclear power plants operate in base load mode, and the capability of nuclear power plants to operate flexibly. Base Load The electricity industry dispatches power […]

Read more

#2 – Nuclear Power & Short-Run Marginal Cost

#2 - Nuclear Power & Short-Run Marginal Cost

Short-Run Marginal Cost (SRMC) is an important factor in electricity markets. Bids into these markets are based on the SRMC of generators participating in the market. Bids are accepted, starting with the lowest bids, until bids accepted equal demand. All bidders are paid the System Marginal Price […]

Read more

#1 – Nuclear Power Plants – Long-Term Assets in a Short-Term World

#1 - Nuclear Power Plants - Long-Term Assets in a Short-Term World

It takes up to 10 years to develop and build a new nuclear power plant that will then operate for 60 years or longer. Electricity markets and financial markets do not easily accommodate these long-term nuclear power plant assets. Nuclear power plant value is based on the […]

Read more