The foundations of a successful nuclear decommissioning project are set decades in advance, with the establishment of funds to meet the liabilities which will arise at the end of a nuclear plant’s operating life. If the future costs of decommissioning a plant and managing its spent nuclear fuel are to be met in full, it is crucial that a prudent contribution schedule and fund investment program be established at the outset of the plant’s life.
When it comes to actual decommissioning, given the demographics of the global nuclear fleet it is likely that over the next decades there will be an increasing number of nuclear plants decommissioned. The nuclear plant decommissioning process involves the planning, the characterization of radiological and contaminated materials at the plant site, dismantling, site decontamination and the removal, processing and disposal of contaminated materials and spent nuclear fuel. Given the impending growth rates in this nuclear decommissioning market, the number of nuclear decommissioning companies active in this market has risen and is increasingly competitive.
The global market hotspots for nuclear decommissioning are in North America, Europe and in Russia where several hundred nuclear plants are expected to be decommissioned over the next decades. Competition amongst a number of the large players in the decommissioning business appears to be driving that market toward a "turnkey approach" where the decommissioning contractor will agree to a fixed price up-front and take-over all elements of decommissioning.
DCS advisors can assist power plant operators or utilities, decommissioning contractors, regulators or governments with all nuclear decommissioning programs. Specific to nuclear decommissioning we offer the following services:
Within the nuclear power subsector, DCS experts maintain relationships with numerous related project consultants and participants including: both international and local legal advisors; technical, engineering and environmental/social advisors, economic/market consultants; contractors, vendors and technology providers; strategic and financial equity sponsors; lenders (including commercial lenders, Export Credit Agencies and Export-Import Banks (ECA/Ex-IMs), institutional lenders, bond funds and investment banks) and credit rating agencies (if necessary). We are always prepared and highly experienced in taking on a lead transaction advisory or project/program management role where we coordinate and manage (in some cases, procure and retain via subcontract) various technical, legal and other consultants required for the project. On behalf of our clients we are prepared and accustomed to leading and concluding negotiations with governmental/public sector or equity sponsors, contractors and venders, lenders, rating agencies and regulators, on behalf of our clients, as may be relevant for a given client project.
Please click on the below links to learn more about the specific services related to the nuclear power generation segment that DCS experts can offer:
DCS focuses on providing the above services in the nuclear power generation segment to the following categories of clients: