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

Author

Listed:
  • V. V. Kharitonov

    (National Research Nuclear University (MEPhI))

  • D. Yu. Semenova

    (National Research Nuclear University (MEPhI))

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.

Suggested Citation

  • V. V. Kharitonov & D. Yu. Semenova, 2023. "On the Economic Efficiency of Nuclear Power Digitization under the Conditions of Global Energy Transition," Studies on Russian Economic Development, Springer, vol. 34(2), pages 221-230, April.
    • Handle: RePEc:spr:sorede:v:34:y:2023:i:2:d:10.1134_s1075700723020053
    DOI: 10.1134/S1075700723020053
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    References listed on IDEAS

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    1. N. A. Ganichev & O. B. Koshovets, 2022. "Rethinking Russian Digital Economy Development Under Sunctions," Studies on Russian Economic Development, Springer, vol. 33(6), pages 645-655, December.
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