The Economics of the Russian Nuclear Power Industry - Bellona

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…Nuclear power generation is the only available alternative to oil and gas…All other ideas are just for fun now.Russian Prime Minister Vladimir PutinWhatever is only almost true is quite false and among the most dangerousof errors.Henry Ward Beecher (1813‐1887),American clergyman, social reformer, and abolitionist.The Economics of the RussianNuclear Power IndustryBy Leonid Andreev
Published by the Bellona FoundationBellona OsloPost: Boks 2141 GrünerløkkaN-0505 OsloNorwayinfo@bellona.noBellona St. Petersburgpr. Suvorovsky, 59191015 St. PetersburgRussiamail@bellona.ruBellona MurmanskP. O. Box 4310183038 MurmanskRussiarussbell@polarcom.ruBellona EuropaRue du Trône 611050 BrusselsBelgiumeurope@bellona.orgBellona USAP.O. Box 42090Washington D.C. 20015USAe-mail: jonathan@bellona.orgEditors and contributors:Alexander NikitinIgor KudrikVladimir ChuprovAndrei OzharovskyEnglish version prepared byMaria Kaminskaya (translation and editing), Simon Patterson (translation)Copying permitted when source is stated.
Page 4 and 5: Translator’s notes:Rules of etiqu
Page 6 and 7: 6ForewordThe economy of the Russian
Page 8 and 9: 8of everything that the nuclear pow
Page 10 and 11: 10Real costs of nuclear power plant
Page 12 and 13: 12Energy Potential Development,”
Page 14 and 15: 14noticeably higher than the regula
Page 16 and 17: 16came to 2.2 billion kilowatt‐ho
Page 18 and 19: 183. Problems of nuclear power indu
Page 20 and 21: 20requirements: If a wrong decision
Page 22 and 23: 22Property and liability insurance;
Page 24 and 25: 24Depreciation 10,911,630 9,312,654
Page 26 and 27: 26low prices, because a decrease in
Page 28 and 29: 28Fig. 2. Spot prices for U 3 O 8 c
Page 30 and 31: 30uranium needs and the demand it h
Page 32 and 33: 32remains unclear what can be done
Page 34 and 35: 34For instance, British energy comp
Page 36 and 37: 36But Rosenergoatom’s real expens
Page 38 and 39: 38contribution benefit plans, inclu
Page 40 and 41: 40Table 11. Costs of decommissionin
Page 42 and 43: 42And thirdly, traditional approach
Page 44 and 45: 44The discount rate will be the var
Page 46 and 47: 46Cost ofcapitalTable 15. Price of
Page 48 and 49: 48operation as a baseload generatin
Page 50 and 51: 505 percent0 percent367.0 614.3 3.7
Page 52 and 53:
52The idea to develop the sector of
Page 54 and 55:
54Even if we assume that the direct
Page 56 and 57:
56Furthermore, the total cost of bu
Page 58 and 59:
5811. Instructional guidelines for
Page 60:
60Greenpeace, 01.04.2004,http://www
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The Economics of the Russian Nuclear Power Industry - Bellona

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