The sheer size of nuclear projects might be a barrier in some markets where private investors are looking for short‑term paybacks. However, during a period of economic recovery, large‑scale and long‑term energy infrastructure projects, such as nuclear power plants, can galvanise the social cohesion and economic spill‑overs required to relaunch general economic activity
o Governments should incentivise investments in resilient low‑carbon energy infrastructure, such as nuclear energy, in the aftermath of the COVID‑19 pandemic.
o Proper policy and market frameworks to incentivise investment in essential infrastructure that supports low‑carbon electricity security and economic development are needed.
o Transitional, targeted government support for nuclear energy projects will be indispensable to unlock the benefits of nuclear energy in the post‑COVID‑19 economic recovery.
o Government support can and should be leveraged to attract cost‑effective private financing to deliver nuclear energy infrastructure projects.
o There is currently a window of opportunity for governments to support sustained cost reductions in nuclear energy projects through timely new build decisions – thus reinforcing the process of learning by doing and allowing these designs to move along their learning and cost curves.
This webinar will include:
Webinar moderator: William Magwood, Director General, NEA
o Cosmin Ghita, Chief Executive Officer, Nuclearelectrica
o Sean Kidney, Co-founder and CEO, Climate Bonds Initiative
o Julia Pyke, SZC Director of Financing, EDF Energy
o George Borovas, Partner and Head of Nuclear, Shearman & Sterling