Nuclear Power as an Option in Electrical Generation Planning for Small Economy and Electricity Grid

Abstract

Implementing a NPP in countries with relatively small total GDP (small economy) and usually with small electricity grid face two major problems and constrains: the ability to obtain the considerable financial resources required on reasonable terms and to connect large NPP to small electricity grid. Nuclear generation financing in developing countries involves complex issues that need to be fully understood and dealt with by all the parties involved. Besides conventional approaches for financing power generation projects in developing countries, recently some alternative approaches for mobilizing financial resources are developed. The safe and economic operation of a nuclear power plant (NPP) requires the plant to be connected to an electrical grid system that has adequate capacity for exporting the power from the NPP, and for providing a reliable electrical supply to the NPP for safe start-up, operation and normal or emergency shut-down of the plant. Connection of any large new power plant to the electrical grid system in a country may require significant modification and strengthening of the grid system, but for NPPs there may be added requirements to the structure of the grid system and the way it is controlled and maintained to ensure adequate reliability. Paper shows the comparative assesment of NPP adn differrent base load technologies as an option in electrical generation planning for small economy and electricity grid.