The International Framework for Nuclear Energy Cooperation (IFNEC) hosted a webinar on 9 September 2025, to examine the economic and financial risk factors that influence nuclear technology decisions. Main topics included capital costs, market dynamics, schedule performance, and opportunity costs, all critical in assessing the economic potential of advanced nuclear technologies such as small modular reactors (SMRs).

The key conclusions presented by Dr. Jason Hansen, Research Economist at Idaho National Laboratory (INL), covered important points about both the risks and costs of nuclear energy, its technology, and construction. Unlike fossil fuels, nuclear power has low and steady fuel costs, which helps keep prices more predictable over time. SMRs are a promising fit for different energy markets due to shorter construction times, modular designs, and less financing needed upfront. Building multiple SMRs also helps bring costs down through experience, learning, and standardizing processes.

The webinar highlighted that financing nuclear power also means managing risks, aligning incentives and building trust. Using clear analytical tools and frameworks can help stakeholders ensure that investments are made with confidence in the nuclear field.

Programme

Opening and closing remarks by Ms. Aleshia Duncan, IFNEC Chair

Presentation by Dr. Jason Hansen, Research Economist at INL

Live Q&A session with participants

An update on logistics for the upcoming INL Workshop

Watch the webinar recording here: