FINANCIAL INSTITUTIONS ENERGY INFRASTRUCTURE, MINING AND COMMODITIES TRANSPORT TECHNOLOGY AND INNOVATION PHARMACEUTICALS AND LIFE SCIENCES



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Transcription:

Nuclear Finance Basics FINANCIAL INSTITUTIONS Offtakers Regulators Developers People International Stakeholders Government Operators Suppliers Public Legacy Managers Financers Insurers 2

NEPIO Government Policy Support e.g. Electricity market and regulation Direct or indirect public sector financial support

Developers Equity investment Balance sheet financing

Debt v capital markets Project finance market ECAs/ technology providers Structuring / Enforcement Financiers

Technology provider as investor ECA financing direct and/or guaranteed for the plant and/or fuel Suppliers Fuel market Risk allocation

Offtakers Regulated v liberalised markets Credit risk Project Risk

Regulators Independent Efficient and effective regulatory system Transparency and predictability

Operators Controlling Mind Intelligent Customer Nuclear Liability - 3rd Party Owner/ Operator Distinction

Nuclear pools - 3rd party liability Plant damage - scope and limit Insurers

People SQEP Cross border accreditation Localisation

Spent fuel disposal/ reprocessing Repositories Decommissioning and waste funds Legacy Managers

Consultations and Public Acceptance Taxpayers Public

International Stakeholders 3 Ss including non proliferation Political acceptance CNE and Liability regime

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Disclaimer The purpose of this presentation is to provide information as to developments in the law. It does not contain a full analysis of the law nor does it constitute an opinion of Norton Rose Group on the points of law discussed. No individual who is a member, partner, shareholder, director, employee or consultant of, in or to any constituent part of Norton Rose Group (whether or not such individual is described as a partner ) accepts or assumes responsibility, or has any liability, to any person in respect of this presentation. Any reference to a partner or director is to a member, employee or consultant with equivalent standing and qualifications of, as the case may be, Norton Rose LLP or Norton Rose Australia or Norton Rose Canada LLP or Norton Rose South Africa (incorporated as Deneys Reitz Inc) or of one of their respective affiliates. 16 On the View menu, click Header and Footer to update this text