Energy finance in free markets: an open conundrum from The Neutron Economy by Steve Skutnik

Energy finance in free markets: an open conundrum

from The Neutron Economy by Steve Skutnik

A question which has occurred to me lately revolves around the oft-heard objection that, "Nuclear has always been a state enterprise." In other words, the high up-front capital cost (and attendant front-loaded risk from construction delays and potential intervenors) makes nuclear a tough pill to swallow for liberalized energy markets, despite the extremely low operating costs (and hence, low back-end risk).