On the Economic Efficiency of Nuclear Power Digitization under the Conditions of Global Energy Transition

V. V. Kharitonov () and D. Yu. Semenova
Additional contact information
V. V. Kharitonov: National Research Nuclear University (MEPhI)
D. Yu. Semenova: National Research Nuclear University (MEPhI)

Studies on Russian Economic Development, 2023, vol. 34, issue 2, 221-230

Abstract: Abstract— The paper proposes an analytical methodology for assessing the effectiveness of investments in the digitalization of the design, construction and operation of energy facilities (using the example of nuclear power plants) under the conditions of a global energy transition. It is shown that the transition to renewable energy is due not so much to climate problems as to the awareness of the exhaustibility of hydrocarbon fuels. Increasing competition between carbon-free energy sources (wind, solar, hydropower, nuclear energy) makes it necessary to use as efficiency criteria a reduction in the cost and time of construction of nuclear power plants, as well as an increase in the quality and safety of operation of power units throughout the entire service life. The presented results of assessing the impact of investments in the digitalization of the design and construction of nuclear power plants on the levelized cost of electricity and operating costs show the possible boundaries of the costs of digitalization.

Keywords: energy transition; digitalization of NPP construction; nuclear power; investment efficiency criteria (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S1075700723020053 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sorede:v:34:y:2023:i:2:d:10.1134_s1075700723020053

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700723020053

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().