Hazim Sahadeen
Electrical power generation is well known for its involvement in advancements in industry, agriculture, technology, and living standards. Furthermore, a strong power industry with a variety of energy sources is critical to a country's independence. Governments have traditionally utilised domestic public cash to subsidise nuclear power projects. However, a recent trend shows that governments around the world are increasingly turning to the private sector for new financing options that include different risk and ownership structures, as well as new contractual arrangements aimed at reducing the fiscal burden associated with nuclear power projects. This paper provides an overview of the primary issues associated with nuclear power plant finance, including the high upfront capital cost, interest rate sensitivity, and protracted construction time. The analysis concludes by assessing the potential of emerging financing approaches to address some of the challenges associated with nuclear power deployment. However, there is no one-size-fits-all solution, as each project is unique and requires careful consideration of the financing model's applicability, as some of these approaches may have their own set of issues.