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Investment Performance Predictions in the Digitization of Nuclear Energy

Author

Listed:
  • V. V. Kharitonov

    (National Research Nuclear University MEPhI)

  • D. Yu. Semenova

    (National Research Nuclear University MEPhI)

  • E. V. Akinfeeva

    (Central Economics and Mathematics Institute, Russian Academy of Sciences)

Abstract

— The article proposes an analytical method for predicting the efficiency of investments in the digitalization of the design, construction and operation of nuclear power plants (NPPs) at the microeconomic level, the costs of which ultimately affect the economic indicators of nuclear power plants that determine the competitiveness of nuclear energy in the energy technology market. As a criterion for assessing the effectiveness of investments in the digitalization of nuclear energy, it is proposed to consider the reduction in the cost and timing of the construction of nuclear power plants, which have the greatest impact on the competitiveness of nuclear power plants. The results of calculating the present value of NPP electricity, the investment payback period and the internal rate of return, depending on the observed delays and the corresponding growth in the cost of NPP construction, demonstrate reserves for their reduction due to the digitalization of business processes in the NPP life cycle.

Suggested Citation

  • V. V. Kharitonov & D. Yu. Semenova & E. V. Akinfeeva, 2021. "Investment Performance Predictions in the Digitization of Nuclear Energy," Studies on Russian Economic Development, Springer, vol. 32(6), pages 662-667, November.
    • Handle: RePEc:spr:sorede:v:32:y:2021:i:6:d:10.1134_s107570072106006x
    DOI: 10.1134/S107570072106006X
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    References listed on IDEAS

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    1. N. A. Ganichev & O. B. Koshovets, 2021. "Forcing the Digital Economy: How will the Structure of Digital Markets Change as a Result of the COVID-19 Pandemic," Studies on Russian Economic Development, Springer, vol. 32(1), pages 11-22, January.
    2. Lovering, Jessica R. & Yip, Arthur & Nordhaus, Ted, 2016. "Historical construction costs of global nuclear power reactors," Energy Policy, Elsevier, vol. 91(C), pages 371-382.
    3. I. E. Frolov, 2019. "Russian High-Technology Complex under Low Inflation and Government Support Limitation: The Condition, Capacity and Tendencies for Development," Studies on Russian Economic Development, Springer, vol. 30(4), pages 365-375, July.
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