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Can the Paks-2 Nuclear Power Plant operate without State aid? A business economic analysis

Felsmann, Balázs (2015) Can the Paks-2 Nuclear Power Plant operate without State aid? A business economic analysis. Working Paper. Energiaklub Climate Policy Institute.

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Abstract

Many studies have investigated the prospects for returns, the budgetary and financing background and energy management effects of the new nuclear power plant units to be built at Paks. This document seeks to complement previous economics-based studies by adding a new criterion. The key question in our analysis is whether the power plant company will be capable of independent operations in an economic sense - or will its survival depend on further additional aid by the owner, i.e. via the central budget, after its commissioning? We shall examine from a corporate perspective in what ways the already disclosed financing terms and conditions may affect the everyday operations of the power plant company.

Item Type:Monograph (Working Paper)
Uncontrolled Keywords:Nuclear Energy, Investment, State aid, Nuclear Power, Hungary, Financial Model
JEL classification:L94 - Electric Utilities
Q40 - Energy: General
Subjects:Energy economy
Business economics
Funders:Energiaklub Climate Policy Institute
ID Code:2030
Deposited By: Balázs Felsmann
Deposited On:18 Aug 2015 13:56
Last Modified:18 Aug 2015 13:57

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