What Is The Future For Nuclear Power Generation In Liberalised Electricity Markets?
Liberalisation of electricity markets creates a myriad of opportunities and challenges to players in the electricity industry. It exposes the electricity industry to competition thereby offering choices to electricity consumers. As the generation segment of the industry uses a variety of fuel sources, it gives opportunity for generators to compete for generation. Nuclear power faces a great challenge of competing with other generators due to its high up-front investments. Also, there are safety, political and social concerns that continue to adversely affect the nuclear industry. However, it has been a convenient vehicle used by governments in ensuring energy security. This led to the protective and supportive operational environment it has enjoyed over the years. But with liberalisation, all generators are to compete based on plant economics without any subsidies. Accordingly, this paper has adopted comparative and descriptive analyses to investigate the future of nuclear in liberalis
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- What Is The Future For Nuclear Power Generation In Liberalised Electricity Markets?
